What to Expect From Inflation in 2024

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 26 December 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

The rate of inflation fell by roughly half in 2023, but prices still take a sizable bite out of many Americans' finances. WSJ economics reporter Amara Omeokwe joins host J.R. Whalen to discuss what people can expect in 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.2	Here's your money briefing for Tuesday, December 26th.
0:32.4	I'm J. R. Whelan for the Wall Street Journal.
0:37.0	As 2023 draws to a close, we're taking a look at some of the forces that impacted your wallet, your home, your investments,
0:46.1	and your career in 2023 and what we can expect in the new year.
0:50.5	Today, our focus is on inflation.
0:53.0	What we've been having is disinflation, which is the rate of price increases has become smaller.
1:00.0	And so when people go to the grocery store, they go to buy other things they need, they still feel like,
1:03.9	wow, these prices are really high, even though we have seen inflation cool down quite a bit.
1:08.4	We'll talk to Wall Street Journal Economics reporter, Amera Amokway, after the break. This episode is brought to you by Oracle. AI may be important, but it needs a lot of processing speed and that gets expensive fast, upgrade to the next generation of the cloud.
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	...

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