A so-so CPI
Marketplace
English - February 13, 2024 23:59 - 27 minutes - 11.8 MB - ★★★★★ - 7.7K ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Cons-oil-idation
Next Episode: Walmart wants Vizio, but not for the TVs
The January consumer price index just came out and inflation was up 3.1% year over year. That’s not awesome. But it’s not awful either. We’ll dig into the data, from lagging shelter costs to a still-hot labor market. Plus, monetary policy goes up against fiscal policy, the romance novel market flourishes, and rising prices for “inelastic” goods mean some consumers are gonna suffer.