Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why the Fed Is Tracking Chinese Import Prices Again
China's export prices are surging for the first time in years, with import costs from China hitting their highest since 2008. In this episode, Lucas and Luna explore why that matters for US inflation and the Federal Reserve's next move. They break down the data: core CPI is finally edging down, but if Chinese goods become more expensive, that disinflationary tailwind reverses. They also connect the dots to the recent surprise jump in the overall import price index and what it means for the Fed's rate path. Plus, a look at how the World Cup temporarily boosted bars and…
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