The Daily

Inflation Is Way Down. Is It by Design or Just Luck?

Jun 20, 2023

23:54

Creator website

Episode guests

Jeanna Smialek

AI Chapters

Episode notes

Introduction

2min

The US Government's Long-Term Plan to Lower Inflation Is Working

2min

The Fed's Policy Response to Gas Prices

2min

The Decline of Grocery Prices

4min

The Fed's Fed Story: Rents

2min

The Fed's Cooling of the Housing Market

2min

The Fed's Policy to Stymie the Economy

2min

The Effect of Rent Increases on Consumers

2min

Why the Fed Didn't Raise Interest Rates Again Last Week

2min

10.

Inflation Is Down, but the Fed Isn't Declaring Victory Here

2min

11.

Trump's Handling of Classified Documents Is Unauthorised, Illegal, and Dangerous

4min

Rapid inflation has been a problem in the United States for more than two years, but the tide appears to be turning. Annual inflation is now less than half of what it was last summer.

Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, discusses whether the decline is a result of careful policymaking, or more of a lucky accident.

Guest: Jeanna Smialek, a Federal Reserve correspondent for The New York Times.

Background reading:

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