Conference Board Sees Two More Fed Rate Hikes at Most

The video discusses the current state of the housing market, highlighting the lag in CPI reflection due to changes in home prices. It examines the Federal Reserve's focus on inflation in services, driven by high demand and elevated wages. The impact of rising interest rates on durable goods is analyzed, showing reduced purchases of financed items. The labor market is explored, noting sector-specific weaknesses post-pandemic. Finally, the video addresses the lag effects of the Fed's rate hikes and anticipates further actions.

What is the expected timeline for the cooling of the CPI's shelter elements?

• Late winter or early spring

• Late fall or early winter

• Late spring or early summer

• Late summer or early fall

Why are service prices rising according to the discussion?

• Because of a surplus of labor in the market

• Due to increased demand and elevated wages

• Due to a decrease in demand for services

• Because of a decrease in interest rates

What has been the impact of rising interest rates on durable goods?

• Decreased purchases of financed items

• Increased sales of cars and furniture

• Increased demand for boats

• No impact on durable goods

Which sectors are experiencing hiring offsets due to the pandemic's end?

• Experiential services like hotels and restaurants

• Transportation and warehousing

• Real estate and construction

• Technology and finance

How many more interest rate hikes does the Fed anticipate?

• At most one more hike

• No more hikes expected

• At least four more hikes

• At most two more hikes