Kai Risdahl
👤 SpeakerAppearances Over Time
Podcast Appearances
Now, prices were up 3.8 percent in April.
That is including food and energy.
That markers the highest it's been since May of 2023.
Gasoline prices went up massively last month.
And this gas price increase that we just saw is just beginning to filter through the prices of everything else in the economy.
Pay attention to that look through thing that Professor Sinclair said.
Looking through the energy shock is what the Federal Reserve has been doing, although there are some signs that tune might be changing at the central bank.
Technology stocks leading the way.
Details, numbers when we get there.
Tara Sinclair said things were concerning a minute ago.
Here's some more fuel for that.
We are saving less of what we make.
The personal savings rate last month was just 2.6%.
That's the lowest it's been since the post-pandemic revenge spending spree of mid-2022.
Daniel Ackerman has more on that.