The Fed's standard method of calculating inflation is inaccurate in various ways, and too slow to respond to changes in pricing trends - which undermines the effectiveness of monetary policy.
Why The Federal Reserve Gets Inflation Wrong - And Why Monetary Policy Is Always Late
Forbes - 29 Dec 2022 20:42
The Fed's standard method of calculating inflation is inaccurate in various ways, and too slow to respond to changes in pricing trends - which undermines the effectiveness of monetary policy.
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