Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Economic Commentary

Median Price Changes: An Alternative Approach to Measuring Current Monetary Inflation

Price movements are the channel through which market information is transmitted. An increase in one price relative to others is the signal that directs resources and rations consumption. In other words, markets operate through the distribution of prices.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Bryan, Michael F., and Christopher Pike. 1991. “Median Price Changes: An Alternative Approach to Measuring Current Monetary Inflation” Federal Reserve Bank of Cleveland, Economic Commentary 12/1/1991. https://doi.org/10.26509/frbc-ec-19911201