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Why America’s Inflation Problem Isn’t Going Away

July 15, 2026·33m

Ed Elson is joined by Mark Zandi to break down what the latest inflation report reveals about the state of the economy and what it could mean for the path of interest rates. Then, Saul Martinez returns to explain why the nation's biggest banks delivered such strong earnings. Finally, Ed gives his take on the inflation report. Mark Zandi is the Chief Economist at Moody’s Analytics. Saul Martinez is the Head of US Financials Research at HSBC.