The global energy crisis is becoming a bigger problem for the economy. The Consumer Price Index -- the best way to measure inflation in the U.S. -- jumped 5.4 percent in September compared to last year -- that’s according to new data released this week. How is the Federal Reserve and the Biden administration reacting to this latest data?Axios Re:Cap talks with Axios’ chief financial correspondent Felix Salmon who’s been reporting on the latest consumer price index data.

The global energy crisis is becoming a bigger problem for the economy. The Consumer Price Index -- the best way to measure inflation in the U.S. -- jumped 5.4 percent in September compared to last year -- that’s according to new data released this week. How is the Federal Reserve and the Biden administration reacting to this latest data? Axios Re:Cap talks with Axios’ chief financial correspondent Felix Salmon who’s been reporting on the latest consumer price index data.

The global energy crisis is becoming a bigger problem for the economy. The Consumer Price Index -- the best way to measure inflation in the U.S. -- jumped 5.4 percent in September compared to last year -- that’s according to new data released this week. How is the Federal Reserve and the Biden administration reacting to this latest data?Axios Re:Cap&nbsp;talks with Axios’ chief financial correspondent Felix Salmon who’s been reporting on the latest consumer price index data.

Inflation: A cause for concern?

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

Axios Re:Cap is on hiatus until October 2021.

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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. Axios Re:Cap is on hiatus until October 2021.

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.&nbsp;

Axios Re:Cap is on hiatus until October 2021.

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Inflation: A cause for concern?

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