How the CPI data took one Fed rate cut off the table for 2024
Briefly

from www.housingwire.com9 months ago
The bond market was previously overestimating rate cuts, now shifting towards fewer cuts in 2024. Market pricing reacts to economic data like the roller coaster 2-year yield.
www.housingwire.comhttps://www.housingwire.com/articles/how-the-cpi-data-took-one-fed-rate-cut-off-the-table-in-2024/
Shelter inflation plays a vital role in CPI, with owner's equivalent rent being a key driver. Despite some disinflation in apartments, slow drop in OER keeps CPI data elevated.
www.housingwire.comhttps://www.housingwire.com/articles/how-the-cpi-data-took-one-fed-rate-cut-off-the-table-in-2024/
Read at www.housingwire.com
#market-pricing #rate-cuts #cpi-inflation #shelter-inflation #economic-data
[
|
]