[khelus]

Clever of that BLS to omit food and energy from the CPI basket of goods, because those measures “too volatile.” Not that anybody needs food or energy to live, so why include them in the core inflation numbers?

Also rather neat that core inflation is one of the main tools used by the Fed to measure how well they are doing. /sarc

[kevao]

Also rather neat that core inflation is one of the main tools used by the Fed to measure how well they are doing. /sarc

Also rather neat is that CPI determines retirees' COLAs.