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The fact that it's this high when they already fudge it by choosing the basket of goods to mark against is pretty nuts.
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The fact that it's this high when they already fudge it by choosing the basket of goods to mark against is pretty nuts.
Welp CPI is higher than expected again. The White House is saying that the CPI reading is unacceptably high and "out of date".
https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/13/president-biden-statement-on-cpi-inflation-in-june/
I think that CPI is going to get fudged again so that it appears lower than it actually is.