---
title: "Cleveland Fed inflation nowcast: Q3 CPI 1.4% · core CPI 1.9% · PCE 2.5% · core PCE 3.2%"
description: "Cleveland Fed inflation nowcasting model, Q3 2026 (quarterly annualized % change): CPI 1.4%, core CPI 1.9%, PCE 2.5%, core PCE 3.2%."
source: Helious
canonical: "https://helious.io/news/macro-clevnow-2026-07-23/cleveland-fed-inflation-nowcast-q3-cpi-1-4-core-cpi-1-9-pce"
---

ECONOMIC RELEASE
              23 Jul 2026, 14:07 UTC



# Cleveland Fed inflation nowcast: Q3 CPI 1.4% · core CPI 1.9% · PCE 2.5% · core PCE 3.2%



            Cleveland Fed inflation nowcasting model, Q3 2026 (quarterly annualized % change): CPI 1.4%, core CPI 1.9%, PCE 2.5%, core PCE 3.2%. Model update as of 2026-07-23.






            Copy link
            [Follow this live on the Helious desk →](https://helious.io/)
