Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
How Funflation Is Reshaping Consumer Habits and Fed Policy
In this episode of The Macro Memo, Lucas and Luna tackle the surprising rise of 'funflation' — the phenomenon where at-home entertainment costs have soared, making staying in nearly as expensive as going out. With new data showing shelter costs and recreation services driving core CPI to 336.1, while the 10-year breakeven inflation rate ticks up to 2.24 percent, the hosts explore what this means for consumer behavior and Federal Reserve policy. Lucas breaks down why the traditional recession trade — stay home, save money — no longer works, citing specific price increases in…
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