Bounce Back (E35)

U.S. Consumer Price Index (CPI): The upcoming release of this report will provide insights into inflation trends and could influence Federal Reserve policy decisions. The U.S. Producer Price Index (PPI) offers insight into inflation from the perspective of domestic producers, impacting market expectations. These indices are closely monitored by investors and policymakers, providing crucial information on the economic climate, consumer spending, and potential pricing pressures. The CPI and PPI data play a significant role in shaping monetary policy and interest rates, serving as essential indicators for assessing the economy. In Los Angeles, the housing market remains competitive, with the median home price reaching $880k, marking a 10% year-over-year increase. The tight supply of inventory, at only 2.7 months, continues to support a seller’s market despite a potential slowdown in sales activity.