Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
How Service Inflation Is Keeping the Fed on Hold
Episode 31: Lucas and Luna dig into why service-sector inflation—things like rent, insurance, and medical care—is staying stubbornly high even as goods prices cool. With CPI at 332.4 and core PCE still above the Fed's target, they explore the 'sticky services' problem using real data from April 2026. Lucas explains how labor costs in services create a feedback loop that keeps inflation above 3%, and why the Fed is unlikely to cut rates soon despite market hopes. Luna brings in the latest JOLTS data showing 7.6 million job openings, linking tight labor markets to persistent…
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