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To: carranza2 who wrote (69059)5/2/2008 8:03:39 AM
From: KyrosL  Respond to of 74559
 
Oh, I agree with that. Gross did not change his mind that the reported CPI (including food and energy) is about right. I didn't detect any hints in the article that he does not agree that reported inflation (including food and energy) is incorrect. Inflation is around 4.5%. That includes everything.



To: carranza2 who wrote (69059)5/2/2008 8:04:05 AM
From: Snowshoe  Respond to of 74559
 
I never understood why they exclude food/energy just because they are "volatile". Why not use the 200-day moving average (or whatever) to smooth out the volatility?


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