Inflation Dynamics: Energy, Food, and Bonds

Consumer prices have been overall slow to reflect the Trump administration’s new tariffs. So we called up some retailers to understand why they haven’t raised their prices, even though their costs are higher. It turns out, bumping up prices isn’t as easy as pushing a button — and can come with consequences. Also in this episode: Bond yields tell us where the economy’s headed, volatile categories can have an outsize impact on the PPI, and a new book investigates the “double tax” Black women face.

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