Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Still Beating Inflation But Barely
Lucas and Luna break down the latest May 2026 CPI report showing 4.2% annual inflation, the highest in three years, against average hourly earnings of $37.50. They explain how real wage growth has shrunk to nearly zero, why core services inflation is the stubborn culprit, and what the employment cost index signals about future pay. A focused look at why your raise feels like it's just barely keeping up — and what that means for spending and the Fed.
#Wages #Inflation #CPI #RealWageGrowth #AverageHourlyEarnings #EmploymentCostIndex #CoreInflation #FedPolicy #MayCPI #PurchasingPower…
The skinny
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