May CPI: glass half-empty, glass half-full
6/10/202625 min
The May CPI report dropped Wednesday and it’s a doozy: Inflation rose 4.2% over the last 12 months. This means wallet pressure is bearing down on consumers, as wage growth lags behind price growth. On the other hand, the CPI report includes signals that inflation may have reached its peak. In this episode, an optimist’s and pessimist’s reading of the latest inflation data. Plus: Slowing immigration will have long-term effects on the U.S. economy, and summer camps shift to accommodate anxious teens.
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First 90 secondsKai Ryssdal· Host0:00
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Justin Ho0:48
This podcast is supported by Raymond James, a financial firm offering wealth management, banking, and capital market services that are inspired by people. Before Raymond James financial advisors build plans, they build relationships so they can craft individual strategies designed to achieve priorities and pursue what's possible. That's the power of personal. Disclosures at raymondjames.com. Raymond James and Associates Inc, member NYSE Sippick.
Kai Ryssdal· Host1:17
[upbeat music] On the one hand, on the other hand. Two sides of the same coin. Oh, no, wait, wait, I got it. Half full, half