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Curious Crow
Eurodollar University
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Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Everything You Need to Know About The Fed Decision" video.
1. CPI is calculated on a specific basket of goods and Services, and Ice Cream may not be a proxy for other food prices. It may not even be in the basket as its not a staple. 2. Fed CPI is an aggregate measure of the speed prices go up, and not the nominal prices. 3. Accordingly, individual inflation rates are a thing. What you spend your money on will shape your particular inflation rate.
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