Why China wants to stock more than 200,000 tons of pork

May 30, 2019
Some countries stockpile grain and petroleum. China has both, plus a national pork reserve.
A local meat market in Shanghai is dominated by pork stands. Pork is a staple in the Chinese diet and accounts for 70% of all meat consumed in China.
Charles Zhang/Marketplace

Measuring inflation isn't easy

Apr 10, 2019
Month-to-month price fluctuations make it difficult for the Bureau of Labor Statistics to measure inflation accurately.
Shoppers line up to check out at a Target store in 2008 in Miami.
Joe Raedle/Getty Images

A strong economy with low inflation? Inequality may be to blame.

Mar 12, 2019
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, […]
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Tight jobs lead to higher rents, which lead to core inflation increase

Dec 13, 2018
The Consumer Price Index, if you take out food and energy, showed prices rising slightly. It climbed 0.2 percent, so year-over-year prices have climbed 2.2 percent. One of the reasons for the price hikes in November was rent. And you might not be happy to hear it, but it could well be another sign of […]

Here's how the Federal Reserve determines the inflation rate

Oct 11, 2018
The Consumer Price Index tracks the average price change over time for a “basket”  of goods and services. The CPI takes into account things like food, transportation and health care. If the CPI goes up, that’s considered an indication that the inflation rate is rising. But when the Federal Reserve calculates the inflation rate, it […]
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White House pushes rosier wage-growth measure

Sep 6, 2018
A Council of Economic Advisers report argues Americans’ inflation-adjusted compensation is rising more than wage data in the monthly jobs report show.

Consumer price index released as inflationary pressures increase

Aug 10, 2018
New inflation numbers were released Friday morning, and it’s a curious thing: the economy is going strong and consumers are spending, which tends to push prices up. And yet, we haven’t seen all that show up in the inflation numbers yet. Click the audio player above to hear the full story. 

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Fed Chair Jay Powell: We’re “independent of political considerations”

Jul 12, 2018
In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.
Jerome Powell listens as President Trump announces Powell as nominee for Chairman of the Federal Reserve in the Rose Garden of the White House in Washington, DC, November 2, 2017.
SAUL LOEB/AFP/Getty Images

Which economic stats matter most?

Jul 9, 2018
Our listener asks which economic statistics are the best predictors of future economic performance.
A financial professional loosk at his computer screen on the floor of the New York Stock Exchange at the end of the trading day Dec. 16, 2008 in New York City. 
Chris Hondros/Getty Images

Changing the way we measure inflation could boost Social Security benefits

Using an index that's representative of retirees would mean a bigger monthly check, but it's a tough sell.
Social Security checks are placed in bins before they are mailed at the U.S. Treasury printing facility in Philadelphia in 20005.
William Thomas Caine/Getty Images