Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Wage Growth Is Real But Your Rent Is Eating It
Lucas and Luna break down the April 2026 earnings data vs. the latest CPI print. Yes, average hourly earnings hit $37.40 an hour. But shelter costs are still running hot, and the core CPI accelerated to 335.4. Luna asks whether workers are really better off than a year ago. Lucas walks through the math: a 4.7% year-over-year wage gain against a 3.4% headline CPI — but the real story is in the basket. They discuss why the Fed's new chair Kevin Warsh is inheriting a tricky trade-off between appeasing bond vigilantes and protecting purchasing power. A focused look at the one number that…
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