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by beschizza
1341 days ago
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The annualized rate is the standard measure and in itself isn't a problem until it's being used to conceal newsworthy changes to the underlying economic trend. You've pointed on out one thing (Core CPI month over month) in that respect. More egregious, though, is when media pose the annualized rate AS the month-over-month rate. This happens far too often. The problem is not usually the stories, but the people writing the headlines: innumerate editors who are interested mostly in sensational brevity. |
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