Inflation came down in June. Will it stay that way?
Summary
Marketplace examines Federal Reserve Chairman Kevin Warsh’s Capitol Hill testimony, where he emphasized a policy regime change to combat inflation while rejecting detailed forward guidance. The episode analyzes June’s cooling CPI data, which sparked debate among economists over potential interest rate cuts. Additional segments explore the pork industry’s generational demand shifts, a settlement regarding egg price manipulation, and rising consumer credit card debt.
Topics discussed
Sponsors: VantageScore and Cornerstone
Fed Chair Kevin Warsh's Capitol Hill testimony
June CPI report shows inflation cooling
Pork prices stable while beef demand surges
Egg price-fixing settlement and market mechanics
Big bank earnings and rising credit card debt
Market numbers and stock updates
Sponsors: VantageScore, Cornerstone, Odoo, Fundrise
History of the Humphrey-Hawkins Act
Tariffs impact on small business costs
Oil prices rise and show sign-off
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