Why the Fed Says There's No Inflation

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Why the Fed Says There's No Inflation #152628 03/02/2011 11:07 AM 03/02/2011 11:07 AM
Joined: Jan 2002 Posts: 23,958 Tulsa airforce OP Administrator
airforce OP Administrator Senior Member Joined: Jan 2002 Posts: 23,958 Tulsa	It's because the Fed uses Real Personal Income Expenditures, or PCE , rather than the Consumer Price Index used by the Bureau of Labor Statistics. But, as the Reserve Bank of St. Louis points out, the PCE actually leaves out food and energy costs . Um, can you guess what's been rising lately? Onward and upward, airforce

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Subject	Posted By	Posted
Why the Fed Says There's No Inflation	airforce	03/02/2011 03:07 PM
Re: Why the Fed Says There's No Inflation	ConSigCor	03/02/2011 05:42 PM
Re: Why the Fed Says There's No Inflation	mak9030mag	03/02/2011 07:20 PM