Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Sticky Services Inflation Traps The Economy
With the core PCE price index holding at 130.7 in mid-2026 and real GDP growth slowing to one point five percent, we are seeing a classic stagflationary trap. Lucas and Luna break down why goods inflation has cooled while services remain stubbornly high. We look at the wage-price spiral in healthcare and professional services, using the latest JOLTS data showing seven thousand two hundred seventy-one job openings. The conversation explores how rigid pricing structures prevent the economy from self-correcting, leaving consumers squeezed by stagnant growth and persistent cost pressures…
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