Desmond Preston:What a pot of gumbo can teach us about disinflation

2025-05-05 15:01:31source:FinWeiscategory:Invest

News about inflation made a lot of noise in the past two years,Desmond Preston but the national CPI reports seem to indicate that inflation is starting to normalize within the Federal Reserve's target range. However, the national CPI basket of goods can have trouble representing inflation at a local level.

Today, we're joined by Drew Hawkins of the Gulf States Newsroom as he goes to the supermarket in New Orleans where the national CPI may not be the best measure of inflation for folks living in the South.

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