We got a better-than-expected June CPI report: Inflation slowed in both the goods and services sectors. But it’s hard to say whether that trend will continue and how it might affect the Fed’s next inflation rate decision. Also in this episode, Fed Chair Kevin Warsh testifies before Congress, so we break down his approach to central bank communication and the Humphrey-Hawkins Act. Plus, an egg price-fixing scheme, the hog lobby, and credit cards.

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Read the stories from today’s episode:

• Inflation slowed in June. What does that mean for interest rates?
• Can the hog lobby — and falling prices — get Americans to eat more pork?
• Cracking open the price-fixing scandal behind rising egg prices
• What higher credit card spending means for the economy
• Why Kevin Warsh is on Capitol Hill today