Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why Wholesale Prices Are Screaming About Sticky Inflation
The headline this week wasn't the soft CPI print but the 6.3 percent annual jump in wholesale prices for September, the biggest gain since 2022. Lucas and Luna break down why that number matters more than the consumer report you just skimmed. We look at how upstream costs are refusing to cooperate with the Federal Reserve's rate path, why the PPI is flashing red while retail shelves look calm, and what it means for your wallet if those margins don't compress. The economy is hiding its pressure points in the B2B channel.
#WholesalePrices #ProducerPriceIndex #InflationData…
The skinny
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