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Pod 22: 5.0% CPI, the Macro + banking landscape, rate hikes or pauses, the federal reserve's decisions and inflation

Unusual Whales

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The Housing Inflation Problem Is a Seasonal Issue

Last Bear: The good news here was really a lot about housing and the much lower rents number, which is going to push down median inflation this month. But year on year rents figures still went up, which tells you that this might be some March issue, it may be a seasonal issue. And so I'd want to get at least a little bit more data before we we've declared an end to sort of the housing inflation problem. He says he thinks the Fed is either done hiking raids or maybe have has one more symbolic one. "I don't I don't see any reason for rate cuts without a crisis happening," Last Bear adds.

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