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 CPI to reflect changes in shelter costs?

What factors are contributing to the current disinflation in housing prices?

How have rising interest rates affected consumer behavior regarding durable goods?

In what ways has the labor market shown signs of weakness post-pandemic?

What are the implications of the Fed's interest rate hikes on the broader economy?