Core inflation

Previously the Federal Reserve had used the US Consumer Price Index as its preferred measure of inflation. The CPI is still used for many purposes, for example, for indexing social security. The equivalent of the CPI is also commonly used by central banks of other countries when measuring inflation. The CPI is presented monthly in the US by the Bureau of Labor Statistics. This index tends to change more on a month to month basis than does "core inflation". ... Full Story »

Posted by Jon Mitchell
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Posted by: Posted by Jon Mitchell - Nov 23, 2010 - 11:18 AM PST
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Edited by: Jon Mitchell - Nov 23, 2010 - 12:25 PM PST


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