Inflation is slowing more rapidly than people think; used car prices will 'melt' this year based on wholesale auction data, and housing rents are likely to moderate, providing inertia behind disinflation even without full hard landing, making Fed cuts likely.
forecastpending
Speaker
Neil DuttaEvidence Quote
“I do think inflation is slowing a lot more rapidly than people think you know as an example in November and December we saw an uptick in used car prices but in both of those months core inflation was somewhat softer than expected used car prices are going to melt this year”
Created: 8/12/2026, 6:02:32 PM
My Notes
Loading notes...