We got a better-than-expected June CPI report: Inflation slowed in both the goods and services sectors. But it’s hard to say whether that trend will continue and how it might affect the Fed’s next inflation rate decision. Also in this episode, Fed Chair Kevin Warsh testifies before Congress, so we break down his approach to central bank communication and the Humphrey-Hawkins Act. Plus, an egg price-fixing scheme, the hog lobby, and credit cards. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. Read the stories from today’s episode: Inflation slowed in June. What does that mean for interest rates? Can the hog lobby — and falling prices — get Americans to eat more pork? Cracking open the price-fixing scandal behind rising egg prices What higher credit card spending means for the economy Why Kevin Warsh is on Capitol Hill today

Inflation came down in June. Will it stay that way?

Marketplace

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[SPEAKER_C] Happy Humphrey Hawkins Day, everybody.

[SPEAKER_D] Inflation's a choice. We monetary policymakers need to choose lower prices. And that's the commitment my colleagues have made.

[SPEAKER_C] Well, I guess that about settles it, huh? From American Public Media, this is Marketplace. In Los Angeles, I'm Kyle Brisdahl. It is Tuesday, today, the 14th of July. Good as it always is to have you along, everybody. I know it feels like he just got the job because he kind of did.

Inflation came down in June. Will it stay that way?

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Inflation came down in June. Will it stay that way?

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.