Marketplace All eyes on the inflation data
22 snips
Jun 27, 2025 
Greg Ip, Chief Economics Commentator at the Wall Street Journal, shares his insights into the recent economic data and inflation trends. He discusses the relationship between inflation and GDP growth, highlighting the strain on consumers, especially those with lower incomes. The conversation also touches on the impact of tariffs on consumer prices and how they affect spending. Additionally, Tim Cadogan, CEO of GoFundMe, highlights the evolution of charitable giving in an era of economic challenges, emphasizing the importance of community and empathy.
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Inflation and Tariff Impact Insight
- Inflation data is crucial as it impacts Federal Reserve decisions and overall economic health.
- Tariffs have limited current impact on inflation but may indicate weaker consumer demand in service sectors.
Weak Consumer Spending Affects GDP
- Revised GDP data shows weaker consumer spending was a key factor in slower economic growth.
- Consumer spending stagnation raises concerns for slower growth, not necessarily recession.
Disposable Income Growth Slowing
- Disposable income growth is slowing due to less rapid wage growth and weaker income from financial assets.
- This slowdown pressures consumer spending and may lead to growth under 1% and elevated recession risk.