A “scorching hot” inflation report might be an honest one that reflects the true cost of living. It’s truly hard to believe that the reported inflation for the past decade has been the same as the out of pocket people have been experiencing.
No, and that has been a lifelong pet peeve for me. The posted inflation rates are a joke. Can’t eat an ipad, and rarely need more than one. Food prices have been running at least at 10% per year inflation. The website Shadow Statistics gives a good recounting why federal posted inflation rates are a sham.