How El Nino Is Rewiring Global Inflation

Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes · Sep 6, 2026 · 9m · transcript

With the U.S. economy flirting with stagflation—real GDP growth slowing to one point five percent while core PCE remains sticky at three percent—we often look to monetary policy for answers. But this episode shifts the lens to a less discussed driver: climate volatility. We examine how recent weather patterns are reshaping supply chains, particularly in agriculture and energy, creating a persistent inflationary pressure that interest rates alone cannot fix. By looking at specific commodity price movements and regional crop yields, we explore why the 'new normal' for pricing may be…