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harryposner
on Dec 24, 2022
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Inflation is falling much faster than most people ...
They do not exclude gas prices. The Consumer Price Index, which is what most people pay attention to and to which this article refers, currently weights gasoline at 3.7% of the basket of goods it tracks.
https://www.bls.gov/cpi/tables/relative-importance/2021.htm
maria2
on Dec 24, 2022
[–]
Core CPI, which is what the Fed typically uses, excludes food and energy.
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https://www.bls.gov/cpi/tables/relative-importance/2021.htm