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Tariff Refunds Boost Earnings as Inflation Fatigue Builds
Inflation data is giving the Fed more room to wait, but consumers are still feeling the pressure from years of higher prices.
Chuck Zodda and Mike Armstrong break down the latest producer price index report, why muted inflation readings may give the Fed a reason to hold steady in September, and why higher gas prices could complicate the next round of inflation data. They also discuss the $20 burrito debate, why Americans remain frustrated even when wages have risen, and why broad deflation is not the solution consumers may think it is. Plus, they look at how tariff refunds are boosting…
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