FT Podcast  Unhedged podcast Add to myFT Getting inflation wrongInflation just plunged to an almost normal 3%. Is it time to be happy?

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Last week’s US inflation numbers were surprisingly low, a very moderate 3 per cent. That could be due to an increasing supply of workers and goods. And it might *not* be due to the Federal Reserve’s tough talk over the past year. Today on the show, we reconsider everything we thought we knew about the past 18 months of inflation. Also, we go long corporate bond exchanges, and short… the dry martini.

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Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter. You can email Ethan at ethan.wu@ft.com.

Read a transcript of this episode on FT.com

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