The Breakdown cover image

Investors Are Betting on Inflation Declining. Are They Right?

The Breakdown

00:00

The Fed Will Be Watching Consumer Expectations

The federal reserve is absolutely terrified of inflation expectations becoming entrenched, because that can create serious self-fulfilling prophecy. The expected level of home price increases zooming out one year fell from three point five % in july to two point one % last month. Anecdotaly, i've been observing something interesting that i've seen reflected in what others are seeing as well. And we have this total psychological reversal where all of a sudden, power is moving back from the sellers to the buyers.

Play episode from 10:42
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