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Why an important inflation measures leaves out borrowing costs

Why an important inflation measures leaves out borrowing costs

Released Wednesday, 15th May 2024
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Why an important inflation measures leaves out borrowing costs

Why an important inflation measures leaves out borrowing costs

Why an important inflation measures leaves out borrowing costs

Why an important inflation measures leaves out borrowing costs

Wednesday, 15th May 2024
Good episode? Give it some love!
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The consumer price index comes out later this morning. It’s designed to measure inflation but ignores one of the biggest categories of price increases hitting consumers: the cost of borrowing money. We’ll unpack why that’s the case. Also, a bipartisan group of Senators wants the federal government to spend $30 billion to address artificial intelligence development. Then, school districts face tough choices as pandemic funding ends

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