Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis.
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The Underlying Inflation Gauge is a monthly estimate of trend inflation released by the Federal Reserve Bank of New York. There are two measures of trend inflation constructed from a dynamic factor model of the consumer price index series and several macroeconomic and financial variables. For more information, see the following link: https://www.newyorkfed.org/research/policy/underlying-inflation-gauge
