Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
The Wholesale Price Shock And The Fed's Dilemma
Lucas and Luna examine the September Producer Price Index data, which revealed a startling 6.3 percent annual jump in wholesale prices—the highest reading since 2022. With core CPI stubbornly above target and the Federal Reserve holding rates steady at 3.75 percent ahead of its October meeting, the disconnect between consumer inflation and producer costs raises serious questions about future policy. They analyze why upstream price pressures are accelerating despite softening demand, what this means for corporate margins, and whether the FOMC can ignore these signals when it meets later this…
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