Sunday, June 19, 2011
Hard Core, Soft Core ... What Kind of Inflation Is It Anyway?
Most of what appears in this posting was prompted by a very interesting question posed of the experts who have been chosen by Focus.com about why does the economic indicator known as "core inflation" exclude food and energy costs. An article, or rather a paper published by the St. Louis branch of the Federal Reserve Bank system has a rather technical discussion of some of the key aspects and definitions involved in calculating "core" inflation written by a Mr. Wynne in .pdf format if you would
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