Wage Growth Is Real But Your Rent Is Eating It

Lucas and Luna break down the April 2026 earnings data vs. the latest CPI print. Yes, average hourly earnings hit $37.40 an hour. But shelter costs are still running hot, and the core CPI accelerated to 335.4. Luna asks whether workers are really better off than a year ago. Lucas walks through the math: a 4.7% year-over-year wage gain against a 3.4% headline CPI — but the real story is in the basket. They discuss why the Fed's new chair Kevin Warsh is inheriting a tricky trade-off between appeasing bond vigilantes and protecting purchasing power. A focused look at the one number that tells the real story: real average hourly earnings. #WageGrowth #CPI #Inflation #RealEarnings #ShelterCosts #FederalReserve #KevinWarsh #BondVigilantes #PurchasingPower #LaborMarket #Economics #CostOfLiving #FexingoBusiness #BusinessPodcast #WagesAndPrices #CoreCPI #HourlyEarnings #InflationData Keep every episode free: buymeacoffee.com/fexingo