The Fed’s next consumer price report out Thursday is likely to show a scant 0.3% rate in January. So why does it feel like prices everywhere are climbing noticeably? A different way of measuring inflation from MIT’s Billion Prices Project provides an answer.
Continue reading How Inflation Could Be 66% Higher Than the Fed Reports
How Inflation Could Be 66% Higher Than the Fed Reports originally appeared on DailyFinance on Wed, 16 Feb 2011 06:35:00.