Historical Year Data · 2025

Cleveland Fed Core CPI Nowcast (MoM) in 2025

Cleveland Fed Core CPI Nowcast (MoM) opened 2025 at 3.74% and closed at 2.13%, a -43.09% move for the year. The high of 3.74% was reached on January 1, and the low of 2.07% on April 1.

Open

3.74%

2025-01

2.13%

4 data points

High

3.74%

Jan 1

Low

2.07%

Apr 1

Full Year Change

-43.09%

2024 Change

-14.19%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	3.74%	3.74%	3.74%	3.74%	+0.00%
Apr	2.07%	2.07%	2.07%	2.07%	+0.00%
Jul	3.39%	3.39%	3.39%	3.39%	+0.00%
Oct	2.13%	2.13%	2.13%	2.13%	+0.00%

Events During 2025

2025 US Tariff Shock

Stagflation

February – April 2025

The Trump administration imposed reciprocal tariffs averaging 25% on most trading partners in February-April 2025. Markets priced the most aggressive trade policy shift since 1930, with ripple effects across currencies, bond yields, and supply chains.

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