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The inflation cooldown we’ve been waiting for?

Marketplace

Marketplace

Business, News

4.68.5K Ratings

🗓️ 15 May 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Looking at fresh economic data, retail sales were flat and some categories of food dropped in price from March to April. That indicates both falling inflation and a consumer spending pullback — good things if you’re the Federal Reserve. We’ll dig into the consumer price index and hear from Chicago Fed President Austan Goolsbee about the stickiest part of inflation right now. Plus, more women are employed than ever. Could that change as pandemic support programs expire?

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Transcript

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1:14.0

Could it be that inflation's getting a tad less bumpy?

1:20.0

From American public media. This is Wednesday, today, the 15th of May.

1:39.4

Good as always to have you along everybody.

1:42.1

3.4% is where we start today the April reading on

1:46.8

inflation at the consumer level down a tenth of 1% from the March number still

...

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