Article-- Lawmakers are considering changes in how inflation is measured-- thus making it look slower than it currently does.Submitted by simplesimon on Mon, 07/18/2011 - 10:21
"As part of the current deficit-reduction talks, White House officials and Congressional leaders on both sides of the aisle are advocating changes to the way inflation is calculated. The little-noticed proposal advocates measuring inflation with the "chained consumer price index," a metric that would likely make inflation look slower than the current measurement does."
On Yahoo SmartMoney
By Catey Hill