The latest CPI report offers more than a snapshot of inflation. It reveals how prices are moving beneath the surface and why those movements matter for both the economy and the 2024 election.

In this episode, Mattie Duppler breaks down what today’s inflation data actually tells us, separating headline trends from the components that tend to linger in household budgets. She explains why the distinction between energy prices and energy services matters, how inflation shows up differently in everyday costs, and where the data signals continued pressure versus genuine cooling.

The episode also explores the political timeline of inflation. Voters tend to lock in their economic perceptions during the summer months, long before ballots are cast. That means inflation data now may play an outsized role in shaping how voters feel about the economy and how they ultimately vote in November.

This episode connects the CPI report to consumer behavior, economic confidence, and electoral outcomes, explaining why inflation remains one of the most powerful forces in American politics this year.

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