Alternative inflation rate may offer more accurate economic guidance | Penn State University
Estimates of inflation rates guide decisions on a range of policy moves, from cost-of-living adjustments in Social Security to whether interest rates should be raised or lowered. A team of economists are suggesting that the way housing rents are assessed in official inflation indexes may mean the actual inflation rate is inaccurate. They are working to create an alternative inflation rate index that addresses this inaccuracy.
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