Inflation Just Hit A Two Year High
This one's on us! Grab your free email templates below ā copy, paste, and send to your prospective clients today. https://drive.google.com/file/d/1QByt39isPDF0AVQclTOG1Xrw86VdMejp/view?usp=sharing The March Consumer Price Index came in at 3.3% annually ā the highest reading since May 2024 and above Wall Street's expectations. Nearly three-quarters of that increase came from energy costs alone, with gasoline jumping over 20%, meaning this is an energy story, not a broad inflation surge. Core CPI, which strips out food and energy, actually came in below expectations at 2.6%. The direct impact on housing: the probability of a June Fed rate cut dropped from 55% to 35% after this report, meaning rate relief is likely getting pushed later into the year. However, inventory remains elevated, sellers are actively cutting prices, and buyer interest on listing platforms is rising ā creating a window for informed buyers and sellers who don't wait for perfect conditions. Get the rest of the details in the video below! Premium Members don't forget to snag your complete kit in the Classroom. Have a great weekend!