Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
Why the Fed Is Watching the Wage-Price Spiral Signal
In this episode, Lucas and Luna examine a subtle but critical signal the Federal Reserve is monitoring after the disappointing July jobs report: wage growth. With the U.S. economy unexpectedly losing 23,000 jobs in July, the hosts drill into why the Fed cares more about average hourly earnings than the headline payroll number. They explain how the wage-price spiral could re-ignite inflation even as CPI cools, and why the central bank's preferred PCE measure might be lagging. Using the latest data—core PCE ticking up while headline CPI fell—they unpack the internal debate: is the labor…
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