{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Financial Source Podcast","title":"Fed, BoE and BoJ Face Very Different Inflation Problems: Week Ahead, October, 19","html":"","width":"100%","height":180,"duration":970,"description":"This episode dissects the growing divergence across the global economy as inflation pressures reaccelerate while growth, consumer demand, and labor markets weaken in very different ways. The discussion breaks down the surge in US energy and producer prices, China’s extraordinary divide between export strength and domestic weakness, and the increasingly difficult policy choices facing central banks across the US, Australia, Europe, Japan, Canada, and the UK.\n00:02.72 — Global Economic Divergence Overview:\nGlobal markets are confronting a difficult combination of persistent inflation and increasingly uneven economic momentum. The discussion challenges the assumption that policymakers are moving toward an easy soft landing, instead highlighting how higher living costs, weakening labor markets, and divergent regional conditions are complicating the global outlook.\n01:36.24 — US Inflation And Gasoline Price Surges:\nUS inflation data shows renewed upward pressure, with headline consumer prices rising 0.649% month on month and gasoline prices surging 9.1%. Gasoline alone accounted for more than half of the monthly inflation increase, while core inflation also accelerated above 2.6% year on year. Producer prices add another warning signal, with headline PPI rising 1.3% month on month and wholesale goods prices jumping 2.6%, increasing the risk that higher business costs eventually reach consumers.\n03:25.76 — US Retail Sales And Consumer Spending:\nHeadline retail sales rose 0.8%, initially suggesting a highly resilient US consumer, but the underlying data tells a weaker story. Once gasoline and other volatile categories are removed, the core control group increased just 0.1%, indicating that consumers may be spending more because essentials cost more rather than because real demand is strengthening. The discussion frames this as a form of demand destruction, where higher energy bills force households to cut discretionary spending elsewhere.\n05:09.73 — Federal Reserve...","thumbnail_url":"https://img.transistorcdn.com/_dp6j2mibJTrYbYzK5yXvNewKf1GABAWj0IkQ-w-xQU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mZjdk/OGJiNTYzNjc3YjQ0/N2YzYTg0ZjA2ZDk2/MjE5Mi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}