The US CPI was released today and was a modest positive surprise to expectations that were already pretty optimistic in the sense that economists (and the Inflation Guy) were expecting a low print. In this podcast, the IG breaks down the report and points out the very positive developments...along with some curious quirks that soften the miss.
But the big question is, what happens next? And here, the Inflation Guy is less sanguine. He gets specific about why, in this podcast. Tune in, and subscribe!
NOTES
Pod callback: “Inflation Folk Remedies”
Blog callback: “Three Colliding Macro Trends”
Blog callback: “Summary of My Post-CPI Tweets (July 2023)”
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Cents and Sensibility: the Inflation Guy Podcast