Episode Details

Inflation’s back with a bang—jumping to 3.8% in April, the highest since May 2023. Gas prices and everyday goods are driving the surge, raising alarms for budget-conscious listeners. The Fed’s 2% target is way off, prompting speculation they’ll delay rate cuts—or even hike rates. Core inflation, excluding food and energy, hit 3.3%—its highest since November—and while monthly gains slowed slightly to just 0.2%, the yearly trend remains stubbornly high.

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