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Is Inflation Really 1.6%, or Is the BLS Getting Scammed?

by Peter Cohan on Feb.19, 2011, under Towing

Is Inflation Really 1.6%, or Is the BLS Getting Scammed on the CPI?

Government measures show that inflation, at 1.6% in January, is still below the Fed’s target of 2%. But commodity prices are soaring, and anyone who pays their household bills knows that food and energy prices are rising because of it. Is the Consumer Price Index getting it wrong?

Continue reading Is Inflation Really 1.6%, or Is the BLS Getting Scammed?

Is Inflation Really 1.6%, or Is the BLS Getting Scammed? originally appeared on DailyFinance on Sat, 19 Feb 2011 10:00:00.

Filed Under: Energy, Economy, Retail

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