Home Prices' Role in CPI and PCE Inflation Data

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Home Prices,CPI,PCE

This article discusses the pivotal role of home prices in CPI and PCE inflation data and how Fed officials are considering the housing market while balancing inflation and the labor market.

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Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed. Tech companies, retailers and more have all begun shedding members of their workforce in a bid to navigate the economic downturn. These are some of the companies which have so far laid off Canadian workers in 2024: BCE Inc.: The Montreal-based telecommunications giant said on Feb.

Buckle up for a bumpy ride in the stock market, BMO Wealth Management’s CIO says. And he’s not the only one sounding the alarm “The narrative of falling inflation and imminent Fed rate cuts that drove the stock market’s first-quarter gains is wobbling in the second quarter,” Yung-Yu Ma wrote to Fortune.

 

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