Inflation held steady in August. Yay?

The PCE price index held unexpectedly steady, but the mood is far from celebratory. The episode examines why a lack of inflation acceleration doesn't feel like good news, unpacks a sluggish seasonal job market, reports on construction delays in South Texas due to immigration enforcement, and explores the long-term risks of rising government borrowing costs. Kai Ryssdal also looks at the growing private security workforce.