August Core CPI Surprises with 0.3% Rise | Fed Rate Cuts Coming? #FedRateCut #MortgageRates

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Core CPI increased by 0.3% in August, slightly higher than expected, driven by housing inflation. Rents and owners' equivalent rent jumped, but Redfin data shows rents are flat over the past two years, highlighting a lag in CPI data. The Federal Reserve is expected to cut rates by 25 bps next week, but larger cuts remain a possibility.

Credit: Redfin News (link in bio).

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#CPI #Inflation #HousingMarket #FederalReserve #RateCuts #Redfin #EconomicTrends #RealEstate
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Рефинансирование кредита
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