Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why Lettuce Prices Are Crashing While Inflation Sticks
In this episode of The Macro Memo, Lucas and Luna dig into a striking anomaly in this morning's CPI report: lettuce prices plunged at a record pace, dragged down by cyclospora fears, even as the overall inflation rate held at 3.4 percent. They unpack how a single health scare can distort the inflation numbers the Federal Reserve watches, and why core measures that strip out food and energy still run hot. With the ten-year breakeven rate easing and jobless claims ticking up, the hosts debate whether the Fed can look past these wild swings or if they signal deeper cracks. Tune in for a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.