Your Money Minute Inflation At Its Highest Since January 9/24/25
Sep 24, 2025
In a concise 60 seconds, the discussion centers on the concerning rise in inflation, with insights from Mark Zandy on how tariffs and immigration policies may exacerbate the issue. The job market is showing signs of weakness, indicating troubling signs for economic growth. However, there’s a glimmer of hope as gasoline prices drop, providing a bit of relief for consumers. Stay tuned for updates on these critical economic themes!
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Inflation Is Accelerating This Year
- Inflation accelerated in August to its fastest annual pace since January.
- The episode frames this as a growing trend that has persisted through the year.
Policy And Labor Could Push Inflation Higher
- Mark Zandy ties future inflation acceleration to tariffs and immigration policy impacts on labor.
- He also says the job market is stalling, which compounds economic strain.
Gas Prices Offer A Small Break
- Gasoline is a rare relief for consumers, with national averages slightly lower than last year.
- AAA and the EIA report mid-September prices around $3.20 and $3.05 per gallon respectively.