Today’s podcast discusses what the Federal Reserve should do now when PCE inflation data is growing below 2% on the 3 and 6th month data pool. Since I am still not a Fed pivot person, I give my take as the labor market has not broken yet during this aggressive rate hike cycle. With all the economic data we have had recently, it’s not shocking to me that the 10-year yield is still above 4%. I am a labor over-inflation guy from the start, with my 10-year yield range since October 27th of 2022.
https://www.housingwire.com/podcast/logan-mohtashami-on-what-the-fed-should-do-now-on-rates/
For those who prefer a YouTube channel, HousingWire has its YouTube channel, and both podcasts each week will be there now.
https://www.youtube.com/watch?v=B7IaZYxsWtY&t=1103s
Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing. If you would like to join HW Plus to have access to the tracker, please use my LoganVIP20 code.
https://www.housingwire.com/articles/mortgage-rates-inventory-and-demand-rise-as-price-cuts-fall/
In three words I can sum up everything I’ve learned about life: it goes on.” -Robert Frost
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.