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Marketplace · May 27, 2026 · 25m 30s

Inflation manifestation

Marketplace explores the economic implications of inflation expectations. A survey shows consumers expect 4.8% inflation over the next year, and the episode examines how beliefs about rising prices can become self-fulfilling. Other stories cover an upcoming GDP revision reflecting the economic impact of the Iran war, and a surge in wool demand driven by environmental concerns.

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

Highlights

Inflation Expectations Can Become Self-Fulfilling
A new survey shows consumers anticipate 4.8% inflation, and expectations alone can raise actual prices.
GDP Revision to Include Iran War's Economic Impact
The upcoming revision to gross domestic product figures will begin to capture the economic effects of the conflict with Iran.
Environmental Concerns Spur a Surge in Wool Demand
Consumer anxiety over synthetic fibers' ecological footprint is driving a growing market for wool.

Misc

The host quips, 'It’s the power of manifestation, baby!' as he connects inflation expectations to the popular self-help concept of manifesting.
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