Podknife - The last reading on inflation before the election by Marketplace Morning Report

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The last reading on inflation before the election

Podcast |: Marketplace Morning Report
Publisher |: Marketplace
Media Type |: audio
Podknife tags |: Business,; Economics,; News & Politics,; Society & Culture
Categories Via RSS |: Business,; News
Publication Date |: Oct 31, 2024
Episode Duration |: 00:08:53

This morning, the central bank’s preferred measure of inflation — the personal consumption expenditures price index, or PCE — came out and clocked in at 2.1% annually in September. With fuel and energy prices stripped out, the index was up 2.7%. What should we make of these figures? Then, if former President Donald Trump is re-elected, he’s promising steep tariffs on goods entering the U.S. We’ll explore the knock-on effects.

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