How much oil is really getting through the Strait of Hormuz?
Summary
Marketplace examines why core PCE inflation remains at 3.3%, citing AI-driven chip costs and tariffs as key drivers, while predicting the Fed will hold rates steady. The report also highlights a discrepancy between U.S. government estimates and independent trackers regarding oil flow through the Strait of Hormuz, noting how this uncertainty fuels market volatility. Finally, economist Kate Bond reflects on Dolly Parton’s legacy as a role model for balancing professional success with femininity.
Topics discussed
Pega AI platform advertisement
Core PCE inflation data and causes
Oil flow through Strait of Hormuz
Pega Blueprint AI governance ad
Tribute to Dolly Parton
Marketplace listener survey
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