With so much attention on Federal Reserve independence, US senators spent relatively little time at a confirmation hearing Tuesday probing Kevin Warsh on his call to overhaul inflation data. The general ideas outlined by the would-be Fed chair hold inklings of promise, but Americans should be wary of his real motivations when it comes to questioning the integrity of our data on consumer prices.
www.bloomberg.com
#Warshs #Inflation #Critique #Ignores #Basic #Facts
Warsh’s Inflation Critique Ignores Some Basic Facts
