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Columbia Business School Professor Laura Veldkamp spoke with Marketplace reporter Henry Epp about the latest Consumer Price Index (CPI) report and what it reveals about inflation trends. Veldkamp explained that while the data suggests some cooling, key caveats remain, including persistent price pressures in certain categories and sensitivity to future policy moves. She emphasized the importance of looking beyond headline numbers to underlying components and expectations when evaluating the trajectory of inflation and the broader economic outlook.
