Stacey Vanek-Smith

speaker
78 appearances 3 recordings 1 series first heard Jul 2026 last heard 28 Aug

Stacey Vanek-Smith’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 2.

Appearances

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Yeah, it is really interesting.
It's kind of sometimes they call it the last mile problem for the Fed that sometimes getting inflation down from uh you know, high inflation to moderate inflation, like we saw that in twenty twenty two our inflation rate was nine point one percent.
Twenty twenty three, twelve months y about around twelve months later, it was down to three percent.
And guess where we are now?
It is really, really hard to squeeze out those last couple percentage points.
Definitely not saying that.
But it you know, it's you kind of you kinda get rid of all the e you get all the easy wins and then you're down to things like expectations, which can be really sticky.
You know, the classic example is if you own a restaurant and you're printing menus, you're anticipating inflation, so you print prices a little higher, that stuff is hard to get rid of.
Well, I think that's right.
I mean it's I do feel for for Mr.
Walsh because he is a little bit between a rock and a hard place.
I mean, the last jobs report we got, not great.
You talked about a Kai, the economy lost twenty-three thousand jobs.
That's not good.
At the same time, I agree with Courtney, we've got to look at inflation numbers and wages are not keeping up with inflation.
That seems really serious to me.
So, you know
It's bad if you raise rates, it's bad if you cut rates, it's a tough spot.
Oh yeah, for anyone who wants to buy a house or charge something on a credit card
the interest rates they really affect us all.
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