Justin Wolfers
The Fed pays more attention to core inflation, which strips out food -- and particularly energy (hi, Iran!). Even on this measure, inflation remains elevated. And this month's 0.3% rise is higher than most had anticipated.
Justin Wolfers
The Fed pays more attention to core inflation, which strips out food -- and particularly energy (hi, Iran!). Even on this measure, inflation remains elevated. And this month's 0.3% rise is higher than most had anticipated.