Why Core Inflation Stays Sticky While CPI Cools

The latest CPI print shows headline inflation cooling, but core inflation remains stubbornly high. Lucas and Luna dig into the divergence, looking at shelter costs, services inflation, and the Fed's favorite gauge, core PCE, which is still running at 3.3 percent. They discuss why the CPI and PCE tell different stories, what it means for the Fed's next moves, and why the gap between goods and services inflation is widening. Along the way, they touch on the manufacturing survey showing inflation worries worse than pandemic era, and the political pressure on the Fed. If you've ever wondered why the inflation number you hear on the news doesn't match your own grocery bill, this episode has the answer. #Inflation #Economics #FederalReserve #CPI #CoreInflation #ConsumerPrices #ShelterCosts #ServicesInflation #CorePCE #MonetaryPolicy #EconomicIndicators #FedWatch #Manufacturing #InflationExpectations #MacroData #Business #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo