Core inflation likely running hot | Ryan Bridge TODAY

Core inflation likely running hot | Ryan Bridge TODAY <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":0,"label":"Introduction to Business News","summary":"The video begins with a brief introduction to the business news segment, mentioning a partnership with Forsyth Barr."},{"timeSeconds":18,"label":"CPI and Core Inflation Discussion","summary":"The discussion shifts to the Consumer Price Index (CPI), with predictions for the upcoming release. Core inflation is expected to be around 3.9% to 4.2%."},{"timeSeconds":25,"label":"Core Inflation Minus Volatiles","summary":"The host explains that core inflation, after removing volatile items like fuel and food, is estimated to be around 2.8% to 2.5%."},{"timeSeconds":41,"label":"Fletcher Subsidy and Cabinet","summary":"A headline appears stating that a Fletcher subsidy went to Cabinet in May. This is discussed as a baseline measure of how things are going."},{"timeSeconds":56,"label":"Administered Inflation and Businesses","summary":"The conversation touches on administered inflation, such as council rates, and how businesses are absorbing costs rather than passing them on."},{"timeSeconds":124,"label":"Commodities Market Update","summary":"A market update shows commodities prices, with oil at $88.97, gold at $4,015.50, silver at $56.83, and Bitcoin at $65,031.99."},{"timeSeconds":149,"label":"Currency Exchange Rates","summary":"The video displays currency exchange rates, showing the NZD's value against USD, AUD, CNY, JPN, EUR, and GBP."},{"timeSeconds":197,"label":"US Markets Performance","summary":"The US markets are shown with Dow Jones down 0.49%, S&P 500 down 0.06%, and Nasdaq up 0.16%."}]} <!--/mynz:youtube-chapters-->