Fastexy Exchange:Unwinding the wage-price spiral

2025-05-01 20:14:12source:FinLogic Quantitative Think Tank Centercategory:Invest

Prices are Fastexy Exchangeup – again. The latest numbers from the CPI, or Consumer Price Index, show a 6.4% increase in prices over the last year. With wages also growing (at least before inflation) are we at risk of a wage-price spiral, where both wages and prices continue to rise in perpetuity?

We ask two economists whether this nightmare scenario is keeping them up at night — or if it's all just a scary bedtime story.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

Fired, rehired, and fired again: Some federal workers find they're suddenly uninsured

Danielle Waterfield was already dealing with the shock and disappointment of being fired from a job

Oregon man sentenced for LGBTQ+ hate crimes in Idaho, including trying to hit people with car

BOISE, Idaho. (AP) — An Oregon man who pleaded guilty in connection with LGBTQ+ hate crimes, includi

Virginia governor orders schools to disclose details of school-related drug overdoses

Gov. Glenn Youngkin has issued an executive order requiring school systems to notify parents of scho