Inflation came down in June. Will it stay that way?
About this episode
The episode discusses the recent slowdown in inflation, its implications for the Federal Reserve, and various economic stories including price-fixing and credit card spending.
We got a better-than-expected June CPI report: Inflation slowed in both the goods and services sectors. But it’s hard to say whether that trend will continue and how it might affect the Fed’s next inflation rate decision. Also in this episode, Fed Chair Kevin Warsh testifies before Congress, so we break down his approach to central bank communication and the Humphrey-Hawkins Act. Plus, an egg price-fixing scheme, the hog lobby, and credit cards. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories from today’s episode: Inflation slowed in June. What does that mean for interest rates? Can the hog lobby — and falling prices — get Americans to eat more pork? Cracking open the price-fixing scandal behind rising egg prices What higher credit card spending means for the economy Why Kevin Warsh is on Capitol Hill today
People in this episode
Host: Marketplace
Guest: Kevin Warsh
Topics covered
- inflation
- Federal Reserve
- economic trends
- price-fixing
- agriculture
- credit spending
Keywords
- inflation
- CPI report
- Federal Reserve
- Kevin Warsh
- price-fixing
- credit cards
- pork
- eggs
Mentioned in this episode
Products: credit cards, pork, eggs
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