How Wages Are Rising Without Adding to Inflation

What this episode covers

Average hourly earnings just ticked up to $37.50, but core PCE inflation is stubbornly at 3.4%. Lucas and Luna unpack a paradox that has economists divided: wage growth that isn't feeding price spikes. They trace the disconnect through productivity data, sectoral shifts, and the Fed's preferred inflation gauge. A close look at whether the labor market can keep delivering raises without reigniting the inflation that central bankers fear most. #WageGrowth #Inflation #FederalReserve #CorePCE #LaborMarket #Productivity #AverageHourlyEarnings #Economics #FedPolicy #Business #FexingoBusiness #BusinessPodcast #TheMacroMemo #LucasAndLuna #HourlyEarnings #PriceStability #JobMarket #EconomicData Keep every episode free: buymeacoffee.com/fexingo

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Frequently Asked Questions

How long is this episode of The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy?

This episode is 8 minutes long.

When was this The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy episode published?

This episode was published on June 29, 2026.

What is this episode about?

Average hourly earnings just ticked up to $37.50, but core PCE inflation is stubbornly at 3.4%. Lucas and Luna unpack a paradox that has economists divided: wage growth that isn't feeding price spikes. They trace the disconnect through productivity...

Can I download this The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy episode?

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