Inflation Is Cooling. Why Are Americans Still Sweating?
About this episode
The episode discusses the disconnect between improving economic data and the feelings of Americans regarding inflation and the economy.
A slate of new data this week painted a tepid but slightly optimistic picture of the US economy: Consumer prices declined in June for the first time in six years, jobless claims ticked down and retail sales rose modestly. So why doesn’t the data match up with how Americans are feeling? On today’s Big Take podcast, host Sarah Holder talks to Bloomberg’s Reade Pickert and labor economist Kathryn Anne Edwards about what the data does (and doesn’t) tell us about the state of the US economy. Read more: How’s Inflation? Depends How It’s Measured We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer. Hosted by Sarah Holder; Produced by Julia Press; Reported by Reade Pickert; Edited by Aaron Edwards. Fact-checking by Victor Swezey, Rachael Lewis-Krisky; Engineering by Sean Carter. Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer. See omnystudio.com/listener for privacy information.
People in this episode
Host: Sarah Holder
Guests: Reade Pickert, Kathryn Anne Edwards
Topics covered
- US economy
- inflation
- consumer prices
- jobless claims
- retail sales
- economic data
Keywords
- inflation
- US economy
- consumer prices
- jobless claims
- retail sales
- economic data
- optimism
Sponsors
Bloomberg
Mentioned in this episode
Organizations: Bloomberg, iHeartPodcasts, Bloomberg.com
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