Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
What the Fed Makes of Sticky Services Inflation
The May CPI report showed core services inflation ticking up again, and the Fed is paying close attention. Lucas and Luna break down why services inflation is stickier than goods inflation, what the latest data says, and how the Fed's policy path might be affected. They discuss the role of housing costs, the impact of tariffs on services, and what the breakeven inflation rate signals about market expectations. A focused look at the one number the Fed cares about most right now: core services ex-housing.
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The skinny
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