Steep inflation, meet slow wage growth
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The average householdβs buying power has slipped by about 0.1%, when the latest CPI report is compared to last weekβs jobs numbers. In laymanβs terms, Americans took a pay cut over the last year. But economists arenβt so clear on what comes next. In this episode, weβre on the inflation-outpacing-wages beat. Plus: Drivers brace for continued high gas prices, fractional homeownership startups present tradeoffs in this squeezed housing market, and we break down some lesser-known economic indicators.
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