Marketplace All eyes on the inflation data
Jun 27, 2025
In this insightful discussion, Greg Ip, an economic expert from the Wall Street Journal, analyzes the latest economic data affecting inflation and consumer spending. He highlights how tariffs are influencing prices and the implications of a dip in disposable income on the broader economy. The conversation also touches on possible leadership changes at the Federal Reserve and ongoing trade negotiations. Additionally, they explore charitable giving trends, emphasizing its critical role during crises and its evolving impact on community support.
AI Snips
Chapters
Transcript
Episode notes
Tariffs' Limited Impact on Inflation
- Inflation data is crucial for economic outlook and Federal Reserve decisions.
- Tariffs currently have limited impact on overall price inflation, mainly affecting specific goods.
Consumer Spending Slows Down
- Consumer spending slowed more than first reported in Q1 and decreased in April and May.
- This slowdown reflects consumers feeling squeezed by inflation and dipping into savings.
Fed Chair Speculation and Market Expectation
- Speculation exists about President Trump appointing a Fed chair replacement early.
- Markets expect the next Fed chair would likely favor lower interest rates and be more dovish.