Inflation is moving the wrong way

Segments From This Episode

• Chicago Fed President: Inflation is "well above the target and has been going the wrong way"

  by Kai Ryssdal and Sarah Leeson

  

  Austan Goolsbee, president of the Chicago Fed, says Chair Warsh’s new policy to cut back on forward guidance could prevent dings to Fed credibility.

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• As the oil crisis eases, the global scramble to replenish reserves begins

  by Elizabeth Trovall

  

  A tenuous deal with Iran has pushed oil prices lower, but U.S. strategic petroleum reserves are at their lowest level in 40 years and commercial inventories have been heavily drawn down.

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• Why beef prices keep climbing

  by Caleigh Wells

  

  There’s a “perfect storm” of low supply and high demand.

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• The Numbers

  by Kai Ryssdal

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• Many economists believe that AI will lead to more inflation. Why?

  by Stephanie Hughes

  

  AI data centers require all kinds of materials — from copper to computer chips — which is driving up prices for other products that also need those resources.

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