The Great Inflation Debate

From an economist's point of view, the "core" rate counts more than the "headline." But the Fed will have to pay attention to both If there's one thing Americans don't like, it's a cheater. And as far as many people are concerned, it's cheating to calculate the rate of inflation by deliberately excluding soaring food and energy prices. After all, the logic goes, we all have to pay for.......Read more >>