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Podcast: The Real Estate Espresso Podcast
Episode: What Does CPI Infer About Interest Rates?
Description: On today’s show, we are taking a look at the latest consumer price index reading for the month of July in the United States. July was the fourth straight month of declines in the consumer price index with a month over month increase of 0.2% an annual rate of 2.9%.
As real estate investors, we pay attention to this because of the influence it might have on setting interest-rate policy. The most recent federal reserve announcement which held the short term fed funds rate steady, was looking for continued progress in the fight against inflation in order to ga...