Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
The Inflation Divide Why Goods Fall but Services Keep Climbing
In Episode 139 of Inflation Explained, Lucas and Luna unpack a striking trend in the latest June CPI data: headline inflation fell to 332.6, but core CPI held steady at 336.1. The reason? Goods prices are declining—think electronics, used cars, and furniture—while services like haircuts, insurance, and rent continue to rise. They explore why service inflation is so sticky, from tight labor markets to minimum wage increases, and what that means for the Fed's next move. With the 10-year breakeven inflation dropping to 2.21%, the bond market sees overall inflation cooling, but services may…
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