How Sticky Services Inflation Locks Fed Rates Higher

With the August CPI reading at 3.3 percent and core services excluding housing still stubborn, the Federal Reserve faces a delicate balancing act. Lucas and Luna dissect why shelter costs are no longer the sole villain in the inflation story, pointing to healthcare, legal fees, and insurance as the new sticky pockets driving price growth. They explore how this structural shift in consumer spending forces the central bank to keep rates higher for longer, despite cooling headline numbers. #FexingoBusiness #BusinessPodcast #Economics #FederalReserve #Inflation #CPI #MonetaryPolicy #InterestRates #ServicesSector #CorePCE #ShelterCosts #WageGrowth #ConsumerSpending #FedDecision #PriceStickiness #EconomicData #FinancialMarkets #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo