The Consumer Price Index Hit 4.2 Percent What It Means for the Fed

Consumer prices rose 4.2% annually in May, the highest reading in three years. Lucas and Luna break down the CPI print released this morning, what's driving the acceleration — shelter and energy are the big culprits — and why this complicates the Fed's rate-cut timeline. They also look at the bond market's reaction: the ten-year yield hit 4.54% and the two-year is at 4.26%, deepening the yield curve inversion. With the Fed funds rate at 3.63%, real rates are turning increasingly negative for consumers. Is stagflation a real risk, or just a buzzword? The hosts drill into the data without the panic. #CPI #Inflation #FederalReserve #InterestRates #BondMarket #YieldCurve #ShelterInflation #EnergyPrices #CoreCPI #RealRates #Stagflation #FedPolicy #MacroEconomics #MayCPI #TreasuryYields #FexingoBusiness #BusinessPodcast #TheMacroMemo Keep every episode free: buymeacoffee.com/fexingo