Summary
If you were in Baltimore, Md., or Sydney Australia last week and followed the news about U.S. consumer inflation, you read that in March "core prices rose at the fastest rate in 12 years."
If you were almost anywhere else, you read, as the Associated Press reported, that March showed "the biggest gain in core inflation in a year." Big difference. Which story was right?See the full content of this document
Extract
Fed Inflation Soars
Both were right about the data they reported since there were two core inflation estimates released on the morning of April 19, one by the U.S. Bureau of Labor Statistics (BLS) and the ot...
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