The cost of housing to me is the most important metric to pay attention to economically. If the Fed were to lower rates, then this situation would likely get worse (correct me if my logic is not correct here). If housing goes up, then inflation by all metrics will be back so therefore the fight is not over which is why the Fed has been so focused on the situation. Housing is 1/3 of the CPI print for reference.
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The cost of housing to me is the most important metric to pay attention to economically. If the Fed were to lower rates, then this situation would likely get worse (correct me if my logic is not correct here). If housing goes up, then inflation by all metrics will be back so therefore the fight is not over which is why the Fed has been so focused on the situation. Housing is 1/3 of the CPI print for reference.