Why Your Raise Is Finally Beating Gasoline Prices

In episode 67 of Wages and Prices with Fexingo, Lucas and Luna explore a surprising milestone: wage growth has finally pulled ahead of gasoline price inflation. With average hourly earnings up 2.4% year-over-year and gasoline prices down 6% from a year ago, real purchasing power at the pump is improving for the first time since 2021. But the hosts dig into the nuances — the national average masks wild variation by state, and drivers in California and Hawaii are still feeling pain. They also connect the trend to the Federal Reserve's focus on core inflation and what it means for the economy ahead of the July FOMC meeting. A focused, data-driven conversation with one concrete takeaway: your pay raise now buys more miles per dollar than it did a year ago. #WagesAndPrices #GasolinePrices #Inflation #WageGrowth #PurchasingPower #Economics #FexingoBusiness #BusinessPodcast #Podcast #FederalReserve #CPI #RealWages #CostOfLiving #DrivingCosts #EnergyPrices #WageBeatInflation #CoreInflation #FOMC Keep every episode free: buymeacoffee.com/fexingo