Core CPI Ran at Faster-Than-Expected Pace in August

The video discusses recent economic data, focusing on inflation rates and their impact on markets. It highlights the accuracy of forecasts, with core inflation slightly higher than expected. Various categories like food, energy, and housing are analyzed, showing significant changes in energy prices and housing costs. The discussion also covers the Federal Reserve's policy considerations, particularly regarding real yields and inflation indicators like CPI and PCE. The video concludes with insights into market dynamics and unexpected changes in core inflation, emphasizing the importance of services prices.

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What does the text suggest about the Fed's view on housing prices?