Ep. 163 - Is inflation finally under control? | CPI, PCE & PPI Analysis

In this episode, we examine the latest inflation data, analyzing the Consumer Price Index (CPI) and Producer Price Index (PPI) reports. The discussion covers the factors driving core inflation, such as shelter costs and motor vehicle insurance, and explores the potential impact on mortgage rates and the broader economy. The episode also touches on the softening labor market, the Federal Reserve's balancing act, and the anticipated outcome of the upcoming FOMC meeting. With data-driven analysis, this episode offers a comprehensive look at the current economic landscape.

[00:00 - 01:07] - Introduction and recent changes in rates

[01:08 - 02:04] - Upcoming meeting with Atlanta Fed President

[02:05 - 04:57] - Analyzing the CPI and PPI reports

[04:58 - 09:04] - The role of shelter costs

[09:05 - 10:13] - Revisions to the PPI 

[10:14 - 12:24] - Signs of a softening labor market 

[12:25 - 15:28] - Anticipating the FOMC meeting outcome 

Resources:

https://bit.ly/aprilCPI

Key Quote:

"It doesn't take the Federal Reserve reducing rates for the mortgage rate market to get better” - Quinton Harris

_______________________

Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.

Watch the podcast on Spotify for full video episodes, Q&As, and community polls! 

Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.

Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

Please subscribe, share, and leave a review to let us know you want to keep the content coming!