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.
If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air. But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.
Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.
When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.