Dissecting the Final CPI Report Before the Fed's September Pause

Lucas and Luna dive into the July CPI report, which showed consumer prices rising just 0.1 percent for an annual rate of 3.4 percent. They explore why underlying inflation remains sticky, with core CPI at 3.6 percent, and what this means for the Federal Reserve's next move. The conversation touches on the surprising divergence between cooling goods prices and persistent services inflation, and how AI infrastructure spending is complicating the Fed's fight. With unemployment low and jobless claims near record lows, the hosts debate whether the economy is truly at a turning point. They also unpack the latest GDP data, showing growth slowing to 1.5 percent while inflation cools, and what that signals for markets and policy. Packed with specific numbers and clear analysis, this episode offers a nuanced look at the current economic landscape. #CPI #Inflation #FederalReserve #EconomicData #CoreCPI #GDP #Unemployment #JoblessClaims #AIIndustry #MonetaryPolicy #Economics #BusinessPodcast #FexingoBusiness #MacroData #PriceIndex #RateHikes #EconomicIndicators #MarketAnalysis Keep every episode free: buymeacoffee.com/fexingo