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Zillow Strong Position For Rate Cuts and Slowing Inflation
ZZillow Group(Z) See It Market·2024-06-17 17:08

This week, inflation data provided some encouraging signs. Both the Consumer Price Index (CPI) and Producer Price Index (PPI) came in lower than expected.Remember that CPI tends to follow PPI directionally, so we should expect more disinflation and therefore more fuel for rate cuts. This aligns with our long-held view that inflation will decline alongside economic slowdown, leading to interest rate cuts. Today we look at why Zillow may be positioned well when rates are cut. We’ll explore this further be ...