Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Child Care Costs Are the Inflation the CPI Misses
Episode 63 of Inflation Explained. Lucas and Luna look at a single inflation blind spot: child care. The Bureau of Labor Statistics measures market prices, but millions of families pay a nanny or a relative off the books—and that spending never reaches the CPI. The hosts walk through a real example: a family paying $2,400 a month for child care without a formal receipt, and how that distorts official inflation numbers. They connect it to May's all-items CPI reading of 334.0, and ask whether the 2.25 percent 10-year breakeven rate truly captures what families feel. A short, focused…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.