Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why Wholesale Prices Are Screaming About Sticky Inflation
Lucas and Luna dig into the September wholesale price data showing a six-point-three percent annual jump, the biggest surge since twenty twenty-two. With core CPI holding stubbornly high at three hundred thirty-eight point nine and job openings cooling to seven thousand seventy-nine, the duo explores why producer-level inflation is sticking around even as consumer headlines fade. They examine how supply chain bottlenecks and wage pressures are creating a disconnect between what businesses pay and what they can charge, questioning whether the Federal Reserve's current three point seven…
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