Welcome back to our monthly series on inflation and the Fed! This month, hosts Gregory Daco and Laura Rosner-Warburton are joined by guest Omair Sharif to break down the latest CPI and PPI reports. They explore how tariffs are affecting inflation metrics and price indices, discuss shifts in their economic forecasts, and consider what direction Fed policy might take in the coming months.

Greg is the Vice President of NABE and Chief Economist at EY. Laura is Senior Economist and Founding Partner at MacroPolicy Perspectives LLC. Omair is Founder and President of Inflation Insights LLC.

Be sure to tune in every Monday after the CPI release for a new episode!