The Fed's Predatory Measure of Inflation

The fed's preferred measure of inflation in the second quarter, got revised up from four point three % annualized to four point four % annualized. It takes a half point moraf oins ray target to reduce inflation by three tenths of %. The b e change their source data for one of the iputs into the pc deflater from they were using the p p i for use in new vehicles, and they swehed it over to the c p i.