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I know it's unhelpful, but it's not new. "Core" inflation leaves those out because they change too rapidly to be useful as trend indicators.
by sp332 3y ago
I know it's unhelpful, but it's not new. "Core" inflation leaves those out because they change too rapidly to be useful as trend indicators.
- zeroonetwothree 3y agoThe top line CPI that gets reported usually isn’t the core one anyway. Generally core is preferred by the Fed so they can make long term money supply decisions without worrying about short term volatility. No one is saying that core reflects what consumers experience.