For good measure, the press conference also includes a correction of a recent ministerial statement.

BBC: NEWS | Programmes | More Or Less | The politics of numbers

No one knows what type of correction this will be, this is why I will measure technical levels along the way for composure and opportunities.

FORBES: Stock Market Correction Arrives, Magnitude Uncertain

Chairman Ben Bernanke has repeatedly called for the use of core inflation as a preferred measure. (Read Bernanke Gets Soft Balls As Experts See A Looming Correction).

FORBES: PPI And Sales Up As Inflation Debate Enters New Territory