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Marketplace · July 14, 2026 · 00:25:32

Inflation came down in June. Will it stay that way?

Host Kai Ryssdal breaks down the better-than-expected June CPI report, which showed inflation slowing in both goods and services. The episode examines what it means for the Fed's next interest rate decision and the uncertain sustainability of disinflation. It also covers an alleged egg price-fixing scandal, the pork industry's efforts to boost consumption as prices fall, what rising credit card spending says about consumers, and Fed Chair Kevin Warsh's Congressional testimony under the Humphrey-Hawkins Act.

This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.

Curious

Fed Chair Kevin Warsh testified before Congress under the Humphrey-Hawkins Act, offering insights into his communication style and how it shapes market expectations.

Highlights

June CPI Shows Broad-Based Inflation Cooling
The June Consumer Price Index report surprised to the downside, with inflation slowing in both goods and services sectors, indicating a potential underlying disinflation trend.
Egg Price-Fixing Scandal
A federal investigation alleges that major egg producers colluded to fix prices, contributing to the elevated cost of eggs for consumers.
Pork Industry Seeks to Boost Consumption Amid Falling Prices
With pork prices dropping, the hog lobby is ramping up promotional campaigns to get Americans to eat more pork.
Higher Credit Card Spending Signals Consumer Confidence
Rising credit card balances suggest Americans are confident enough to spend, but also raise questions about household debt sustainability.
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