![Squawk Pod artwork](https://is2-ssl.mzstatic.com/image/thumb/Podcasts113/v4/66/9b/88/669b886e-ac0d-d89b-fb3e-267a37203e95/mza_9878711735055318005.jpg/100x100bb.jpg)
Hot, Hot, Hot! Inflation Back to the 80s 4/12/22
Squawk Pod
English - April 12, 2022 16:55 - 28 minutes - 26.4 MB - ★★★★ - 450 ratingsInvesting Business News Business News leadership health entrepreneurship business productivity startups finance interview entrepreneur fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The Consumer Price Index, which measures inflation by tracking the prices of everyday items, rose 8.5% in the last year–the fastest annual gain since 1981. CNBC’s senior economics reporter Steve Liesman and on-air editor Rick Santelli explain the hot inflation data, pains for consumers, and whether the Fed’s aggressive policies to combat it will result in a broader economic slowdown. Former Australian Prime Minister Kevin Rudd covers another factor that could hit inflation rates here in the U.S.: China’s Covid lockdowns. As sweeping shutdowns across the country continue, Rudd considers the impact on global supply chains and inflation around the world. Plus, Etsy sellers are on strike–virtually for a week to protest a hike in fees.
In this episode:
Kevin Rudd, @MrKRudd
Rick Santelli, @RickSantelli
Steve Liesman, @steveliesman
Joe Kernen, @JoeSquawk
Becky Quick,
Andrew Ross Sorkin,
Katie Kramer,