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The economy is slowing, but inflation’s sticking around
Apr 27, 2023

The economy is slowing, but inflation’s sticking around

Monetary policymakers' fight against inflation has centered around hiking interest rates to cool off the economy, and today's economic data shows just that — GDP growth slowed considerably last quarter. But core inflation, a measure of price rises among goods that aren't as volatile, rose at the same time. We ask KPMG chief economist Diane Swonk what that means for the Fed's inflation fight going forward. Plus, new studies show that popular melatonin gummies contained amounts of the hormone that differed significantly from what had been advertised. And, a look at Texas's recent push to eliminate sales tax period products like tampons and pads. 

Segments From this episode

Today's economic data is a bad sign for the Fed's inflation fight

Diane Swonk, chief economist at KPMG, explains why today’s GDP and core inflation data could signal further Fed rate hikes.

There's a reason to lose sleep over mislabeled melatonin gummies

Apr 27, 2023
A new study in the Journal of the American Medical Association looked at 25 melatonin gummies and found that some contained much more melatonin than advertised, or none at all.
According to a recent study, melatonin gummies may have different doses than the packaging says.
Joe Raedle/Getty Images

Texas may be the next state to end the sales tax on period products

Apr 27, 2023
Texas is poised to be the next state to eliminate the sales tax on tampons, pads and liners. It's currently the most populous state taxing these products.
Nitya Pakala, a Houston-area high school student, hosts a period packing party at her parent's house to supply local schools with free pads and tampons.
Elizabeth Trovall/Marketplace

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer/Director
Jarrett Dang Digital Producer (gone fishing)
Jesson Duller Media Producer
Nick Esposito Media Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Olie D'Albertanson Producer, BBC

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