tst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 2 years agoU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comexternal-linkmessage-square92fedilinkarrow-up1351arrow-down116
arrow-up1335arrow-down1external-linkU.S. inflation falls to 3%, lowest level in more than 2 years, as price pressures easewww.politico.comtst123@lemmy.world to Uplifting News@lemmy.worldEnglish · 2 years agomessage-square92fedilink
minus-squareYewb@kbin.sociallinkfedilinkarrow-up10arrow-down4·2 years agoThey have changed how they calculated inflation twice in the last 2 years.
minus-squareventrix@lemm.eelinkfedilinkEnglisharrow-up5·2 years agohttps://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/amp/ It doesn’t go into detail about how this can be used to affect or manipulate the cpi number but at least it states the fact and the official reasoning
minus-squareDeaddit@lemmy.fmhy.mllinkfedilinkEnglisharrow-up1·2 years agoAre the tax brackets also being adjusted by what they’re pegged to as well? I’m worried inflation numbers aren’t being attributed accurately causing more to go to taxes if the ranges aren’t updated correctly.
They have changed how they calculated inflation twice in the last 2 years.
Got more info?
https://www.marketplace.org/2023/02/14/bls-index-consumer-price-index-formula-calculation/amp/
It doesn’t go into detail about how this can be used to affect or manipulate the cpi number but at least it states the fact and the official reasoning
Are the tax brackets also being adjusted by what they’re pegged to as well? I’m worried inflation numbers aren’t being attributed accurately causing more to go to taxes if the ranges aren’t updated correctly.