[trident5000]

CPI is a convenient basket for the fed to sell bonds ideally at a positive yield. Thats why things are left out.

[throw0101a]

> for the fed to sell bonds

The Fed does not sell bonds, the US government (through the Department of Treasury) does. They are independent of each other.

(Then-President) Trump got lots of flack for going after US Fed Chairman Powell due to the desire to keep this independence as clear-cut as possible:

* https://thehill.com/policy/finance/450283-powell-asserts-fed...

[trident5000]

You are correct, I typed that too fast.