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The Federal Reserve Board of Governors is in the news, but don’t forget that five of the twelve people voting on interest rates are Fed regional bank presidents.
There’s how the government looks at inflation, and then there’s what inflation feels like for you and me.
There are giant holes to fill, but also a huge pool of people with experience in government who are ready to go.
For everything you do, there’s a statistic, and behind that number are federal statistical agencies in need of attention.
If you want to answer the second question, you’ve got to ‘disaggregate’ the data.