Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
How China Export Prices Are Reshaping Global Inflation
Episode 116 of The Macro Memo examines how weak Chinese producer prices are exporting disinflation to the rest of the world. Lucas and Luna discuss the latest CPI print of 3.5% year-over-year for June, the impact of China's producer price index at a near four-year high, and what this means for the Fed's policy path. They explore why falling import prices are helping to cool core goods inflation even as services inflation remains sticky. The conversation also touches on the divergence between Chinese and Indian inflation trajectories and the implications for global trade dynamics. A…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.