The Wholesale Price Shock Behind Stagflation

Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes · Oct 18, 2026 · 6m · transcript

Lucas and Luna dig into the September wholesale price data showing a six-point-three percent annual jump, the largest since twenty twenty-two. With core CPI still sticky at three hundred thirty-eight point nine and real GDP growth slowing to two point two percent, they explore how upstream producer costs are feeding consumer inflation even as growth stalls. The conversation examines why this specific gap between producer prices and consumer wages is creating a unique stagflationary pressure that traditional monetary policy might be missing.

#Stagflation #WholesalePrices #CPIData #RealGDP…