A Broken Record: A Cooling, But still Growing, Economy and a Painfully Slow Decline in Inflation

Dan North | May 2024

It’s getting to be a broken record: a cooling, but still growing, economy and a painfully slow decline in inflation. The consumer price index (CPI) came in about as forecast in April, a relief from several months of hotter than expected readings. 

  • On a month-over-month basis, the headline CPI rose 0.3%, just under expectations of 0.4%, and less than last month’s 0.4%. The core gained 0.3% month over month as expected, less than the previous month’s 0.4%.
  • The year-over-year figures were exactly on target for both the headline and the core.

America’s premier podcast about the risk and reward of doing business in uncertain economic times is back! Welcome to season two of Wheel of Risk, proudly presented by Allianz Trade.

Over the course of eight episodes, host Alix McCabe and her team of experts are set to explore a whole new series of timely and relevant topics, from bank failures and rising interest rates to the threat of zombie firms and the cyclical nature of recession and recovery. They’ll also tackle some common myths and misconceptions about trade credit insurance, and bring you expert advice and actionable insights designed to help you keep your business safe, secure, and profitable — even in challenging times.

Listen to season two of Wheel of Risk, now streaming on all the major podcast platforms.