Bloomberg Intelligence cover image

CPI, Euro Equities, The Fed, and Real Estate (Podcast)

Bloomberg Intelligence

00:00

How to Pitch Your Boss for a Pay Rake

The inflation metric that the Fed pays a lot of attention to is core PCE services, excluding housing. The real wage cumulative rate will real wage over the last two years has decreased. Even if inflation were to be 0% tomorrow, people still feel worse off just because price,. the level of prices is permanently higher than relative to their income.

Play episode from 06:41
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app