A Wall Street Journal column discussing the October U.S. CPI stated that the CPI rose by 0.4%, while core CPI (excluding food and energy) increased by 0.3%, marking the third consecutive month the core metric has recorded a 0.3% gain. The column also cited the Cleveland Fed's median CPI and trimmed-mean CPI, noting that their annualized growth rates stood at 3.7% and 4.5% respectively, leading to the assessment that short-term upside risks to core inflation are increasing. The above data and author analysis were cited from the column.