In this case at least, the Fed et al look at far more numbers than just "headline inflation". - Which does not avoid the greater problem that a lot of such (gre

In this case at least, the Fed et al look at far more numbers than just "headline inflation". - Which does not avoid the greater problem that a lot of such (greater) numbers still tend to necessarily have politically and policy-influenced rationales. There are many ways that inflation could be computed (and for many sub-populations). The numbers should be reflection of "reality on the ground" but if they are (by design) in sync with some group-think, then it does not matter whether the numbers are used to produce the decision or to justify it after the decision is made. The two are at risk of becoming the same.