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Platypus Economics with Justin Wolfers Podcast
Good News on Inflation — With a Very Big Asterisk

Good News on Inflation — With a Very Big Asterisk

Platypus Economics with Justin Wolfers vor 1 Monat

0:00

14:45

The latest CPI report came in better than expected: headline
inflation slowed to 3.5% and experienced its largest one-month
decline since April 2020. But better-than-expected does not mean
problem solved. Falling energy prices were largely responsible
for this positive news, and a renewed war with Iran could quickly
reverse that progress. As oil prices rise once more, those costs
can spread quickly from the gas pump to airfare, shipping,
groceries and beyond.

In this episode, Justin also investigates what our current rate
of inflation (still historically high) means for your paycheck.
Wages may be rising, but higher prices can wipe out those gains.
That helps explain why many Americans feel like they’re working
just as hard without getting ahead. And while today’s numbers
have reduced pressure on the Fed for aggressive interest rate
hikes, tariffs, geopolitical shocks, and inflation expectations
are still in play, making the road back to price stability far
from smooth.

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