SUMMARY: Producer prices came in a little hotter than expected, consumer prices were a little better than expected, and housing continues to keep inflation elevated which means the Fed is in quite the conundrum if higher rates are actually pushing up home prices which are 40% of Core CPI...

NOTES:

• Housing To Blame For Inflation
• U.S. wholesale prices surprise to the upside in July, PPI shows

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201