In this episode of The Inflation Brief, Greg Daco and Laura Rosner-Warburton unpack June's surprisingly soft CPI report, exploring the broad-based disinflation that pushed core inflation to its lowest level outside of a recession since 2017. They examine what is driving the slowdown—from falling hotel, wireless, and auto insurance prices to the fading effects of tariffs—and discuss emerging inflationary pressures tied to AI investment and technology. The conversation concludes with a look at the Federal Reserve's policy outlook under new Chair Kevin Warsh and what the latest inflation data could mean for the path of interest rates in the months ahead.NABE is the premier professional association for business economists and others who use economics in the workplace. Since 1959, NABE has attracted the most prominent figures in economics, business, and academia to its membership with highly-regarded conferences, educational and career development offerings, industry surveys, and its unrivaled networking opportunities. Past presidents of NABE include former Chairman of the Board of Governors for the Federal Reserve System, Alan Greenspan, several former Federal Reserve Governors, and other senior business leaders.

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