ECON-versations with NABE

The Inflation Brief: August 2025


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On this episode, Laura Rosner-Warburton is joined by special guest Claudia Sahm, Chief Economist at New Century Advisors, for a deep dive into the latest inflation data and what it means for markets and the Fed. They unpack the mixed CPI report, surprising tariff pass-through patterns, the “gut punch” from core services inflation, and the blockbuster PPI print that shook expectations. The conversation also covers the recent firing of the BLS Commissioner, the risks to data integrity, and how ongoing modernization efforts could shape future economic reporting.


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