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Everybody is looking at the CPI through the wrong lens. Inflation fell to the Fed's target in the past three months, according to the best measure.

Por: MarketWatch Politics October 15, 2022

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Instead of concentrating on the here and now, most reports put the year-on-year inflation rate in the headline. Read: Not to pick on anyone, but here’s how reported Thursday’s report on the: “Consumer prices rose 8.2 percent in the year through September, in a report that dashes hopes that inflation in the U.S. may be slowing down.” That’s not wrong, but it’s seriously misleading. I’ll show you a more useful way to think about the... + full article



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