The latest CPI report, measured against last week's jobs numbers, shows the average American household's buying power slipped about 0.1% over the past year — in effect, a pay cut even as inflation has slowed. Economists remain split on what comes next, with wage growth still lagging price gains. The episode also covers why drivers should expect continued high gas prices, what fractional homeownership startups offer — and the tradeoffs they carry — in a squeezed housing market, and what lesser-known economic indicators reveal.
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Highlights
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Inflation Outpaces Wage Growth, Cutting Real Buying Power
Comparing the latest CPI report with last week's jobs numbers shows the average household's buying power slipped about 0.1% over the past year — effectively a pay cut.