Tuesday, February 10, 2026

Inflation: Ahead of Friday's CPI Report, The Cleveland Fed's Inflation Nowcast

The headline originally read "Tomorrow's" as someone (ahem) confused the delayed Jobs report release date with the delayed CPI release date. 

Profuse and profound apologies for the error. We'll update this post should the Cleveland Fed change their guesses over the next two days. 

Tomorrow's Friday's report is for the month of January. 

From the Federal Reserve Bank of Cleveland, February 10:

Inflation, month-over-month percent change 

Month                  CPI    Core CPI      PCE    Core PCE    Updated
February 2026     0.20      0.20         0.22       0.23          02/10
January 2026     0.13      0.22         0.18       0.23          02/10
December 2025                               0.27       0.24          02/10 

Note: If the cell is blank, it implies that the actual data corresponding to the month for that inflation measure have already been released. 

....MUCH MORE, year-over-year, quarterly, methodology.