What to Watch for in U.S. CPI Data

The video discusses the impact of data points on the Federal Reserve's decisions, focusing on the PCE and CPI indices. It highlights inflation forecasts, the Fed's concerns, and the sources of inflation, such as the travel index and labor costs in restaurants. The video also examines consumer expectations and the housing market's role in inflation, noting discrepancies in home price increases and CPI rent equivalents.

What potential impact could rising restaurant wages have on inflation?

What discrepancies exist between home prices and the owners' equivalent rent in the CPI?