Inflection Point cover image

Did The Federal Reserve Just Back Down? | Joseph Wang

Inflection Point

00:00

The Demand Side Narrative of Inflation

Core CPI is a measure with basically how much rent costs. Now there's always a lag between when rent fees into the CPI because not everyone renews their lease at the same time. So that was always the expectation that eventually, owners equivalent rent will come down and everything will be okay. Chair Powell was kind of dismisses of that view. And I think they're going to have to be a bit more pragmatic.

Play episode from 19:29
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app