CLEVELAND, Ohio, Feb. 7 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 24-02R2) on Feb. 3, 2026 by Christian Garciga, Randal J. Verbrugge and Saeed Zaman entitled "Improving the Median CPI: Maximal Disaggregation Isn't Necessarily Optimal."

Here is the abstract:

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Median Consumer Price Indexes have proved useful in many contexts and are used worldwide as key policymaking inputs. Historically, US M . . .

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