Inflation manifestation
5/27/202626 min
Forget hard inflation data. Where do everyday Americans think our economy is headed? Well, one survey says consumers expect prices to rise 4.8% over the next year. And in a way, that might have jinxed us — expectations alone can raise actual prices. It’s the power of manifestation, baby! After that: Farmers face compounding hardships, a GDP revision will show the Iran war's economic impact, and environmental concerns spur a wool demand surge.
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First 90 secondsSpeaker 10:00
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Speaker 20:24
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Kai Ryssdal· Host0:54
[upbeat music] Don't look back, the economy might be gaining on you. From American Public Media, this is Marketplace. [upbeat music] In Los Angeles, I'm Kai Ryssdal. It is Wednesday today, the twenty-seventh day of May. Good as always to have you along, everybody. You know, sometimes in this economy, as in life, you can figure out where you're going by