Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why Your Insurance Premium Is the New Inflation Signal
Lucas and Luna dig into why auto, home, and health insurance premiums are rising faster than overall CPI — and why that matters for how the Fed reads inflation. Lucas points to a specific data point: motor vehicle insurance costs rose 11.2 percent year-over-year in the April CPI report, the biggest jump in decades. Luna asks whether the Fed's preferred PCE measure captures insurance differently, and they walk through why insurers are hiking rates — from repair costs to climate risk to litigation trends. They tie it back to the broader inflation picture: even as goods prices cool…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.