Inflation: Core vs. Headline
Description:
Inflation measures the rate of change in all prices. Maintaining low and stable inflation is one of the primary goals of macroeconomic policy. But how should inflation be measured? Policymakers, particularly at the Federal Reserve, often refer to core inflation in their policy decisions. Core inflation is commonly defined as a measure of inflation that omits changes in food and energy prices. However, several studies have failed to find core inflation to be a good forecaster of future inflatio…
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Date:
May 1, 2008
Creator:
Labonte, Marc
Item Type:
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Partner:
UNT Libraries Government Documents Department