A strong economy with low inflation? Inequality may be to blame.
Share Now on:
New inflation numbers out today showed … very little of it. The consumer price index ticked up 0.2 percent in February. It was the first rise in four months. And year over year, the measure of how expensive it is to buy a fixed basket of goods is up just 1.5 percent. And that’s weird, because in theory, if the economy’s as strong as it seems to be, there should be more inflation. This has been puzzling economists and the Federal Reserve. One explanation that’s been bouncing around lately is that economic inequality’s to blame.
Click the audio player above to hear the full story.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.
Thanks to our
Your support keeps us going strong, even through