Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People

Why Used Car Prices Are Defying the Inflation Narrative
This episode of Inflation Explained drills into a single surprising data point: while headline CPI has cooled to 3.3% year-over-year as of April 2026, used car prices are bucking the trend and actually rising again. Lucas and Luna unpack why—blaming a perfect storm of constrained new-car supply, elevated lease returns, and a shift in consumer preference toward cheaper alternatives amidst sticky services inflation. They connect it to the broader inflation picture, referencing the Fed's preferred PCE index and the stubbornness of core services excluding housing. The hosts also explain what…
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