Inflation Rose Unexpectedly In August // Dissecting August CPI: What's It Mean For Economy? - 9/13 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:59) - Beginning the show covering the CPI reading for August, which was higher than expected after being flat in July.(13:06) - Peter Earle from The American Institute of Economic Research called into the show to dive deeper into the disappointing CPI number, and explain what it means for the economy.(24:17) - Touching on how U.S. gasoline prices continue to fall and have declined for 13 straight weeks.(31:59) - Talking about how U.S. banks lost a record $370 billion last quarter, which was the first decline since 2018.