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Mortgage Market Updates: CPI, PPI, and Fed Members' Dissent - Market Update 10/16/23
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Hey everyone, it's Larry Bailey from Mortgage Workflow Partners. This is for the Week of October 9, 2023, in Review:
Shelter and energy costs pushed consumer prices higher in September, but inflation has made significant progress lower since peaking last year – and some Fed members are taking notice. Here are last week’s headlines:
- Lodging, Energy Costs Push Inflation Higher
- Wholesale Inflation Heating Up
- Fed Members Breaking Rank on Rate Hikes?
- Understanding Seasonal Housing and Appreciation Trends
- Initial Jobless Claims Remain Tame
00:00 Introduction
02:28 CPI and Inflation
04:29 Wholesale Inflation
05:49 Fed Members' Dissent
07:08 Seasonal Housing and Appreciation Trends
08:17 Initial Jobless Claims
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