Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The Sticky Price Illusion In The September Data
Lucas and Luna dissect the gap between headline inflation and the reality of everyday prices in early October 2026. With core PCE holding at 130.5 and job openings falling to 7,079 thousand, they explore why tariff-driven costs are reshaping consumer behavior without showing up clearly in broad aggregates. The conversation anchors on the New York Fed’s recent findings about tariff pass-through and asks whether the labor market’s subtle cooling is enough to break the cycle of stubborn retail markups.
#FexingoBusiness #BusinessPodcast #Macroeconomics #InflationData #TariffImpact #CorePCE…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.