Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Your Morning Bagel Is a New Inflation Signal
Lucas and Luna unpack how a seemingly simple breakfast item — the bagel — has become a bellwether for sticky inflation in the service sector. With May's CPI hitting 4.2 percent and wholesale prices surging 1.1 percent in May, they trace the cost pressures from wheat futures to bakery labor to your coffee shop counter. They explain why bagel prices are rising faster than the overall food-at-home index, and what that tells us about the broader inflation picture the Fed is wrestling with. If you've noticed your breakfast tab creeping up, this episode explains why.
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The skinny
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