Here's Why Some Economic Data Matters More Than Others

Enda Curran, a global economy reporter, joins to dissect various economic metrics like CPI and GDP. He explains why not all data points hold equal weight in understanding the economy. Curran emphasizes the value of high-frequency indicators over traditional metrics. Inflation's current impact on living standards is explored, debunking myths around inflation rates. The conversation also touches on the subjective nature of data interpretation and the importance of consumer confidence and reliable sources in economic analysis.