Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why the Fed's Core PCE Hit 3.4 Percent
Episode 80 of Inflation Explained with Fexingo: Why the Fed's preferred inflation gauge—core PCE—hit 3.4 percent in May 2026, its highest since October 2023. Lucas and Luna break down the gap between CPI and PCE, the stubborn services inflation from housing and insurance, and what it means for rate cuts. With the Fed Funds rate at 3.63 percent, the conversation explores how the central bank's favorite measure is flashing a different signal than headline CPI, and why that matters for your wallet.
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The skinny
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