The Wholesale Price Shock That Signals Trouble

Lucas and Luna dissect the September wholesale price surge, where producer prices jumped 6.3% annually—the largest gain since 2022. With core CPI still creeping up and the Fed holding rates steady in October 2026, this episode explores why the pain at the factory gate is finally hitting consumer wallets. We break down the disconnect between softening labor data and rising input costs, asking if inflation is becoming stickier than the market expects. This isn't just about groceries; it's about the structural shift in supply chain pricing that could redefine monetary policy for the rest of the year.

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