Eurodollar University cover image

Global recession has reached a new phase.

Eurodollar University

00:00

The Rise of Consumer Prices in the United States

Jeffrey Toobin: Consumer spending in the United States is moving past disinflationary toward recession and deflation. Incomes are not keeping up with consumer prices, he says; central banks don't look ahead. So that's Europe. Let's go back to the U.S. What's going on here? Well, we'll have a better idea next week, at least from the BLS side of things, looking at the household survey numbers,"Toobin said.

Play episode from 12:51
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app