A so-so CPI
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 13 February 2024
⏱️ 30 minutes
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Summary
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.
Transcript
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