{"id":76640,"date":"2023-08-10T07:00:40","date_gmt":"2023-08-10T14:00:40","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=76640"},"modified":"2023-08-31T13:57:30","modified_gmt":"2023-08-31T20:57:30","slug":"september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/","title":{"rendered":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News"},"content":{"rendered":"

This morning\u2019s report<\/span><\/a> on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which I interpret as continued good news on inflation.<\/span><\/p>\n

Based on the July data so far (released in August), it\u2019s hard to see another rate hike from the Fed in their September meeting. There is another month of data before their meeting, in which\u00a0 we could see some volatility in CPI from goods and medical services, but shelter should continue to fall. But even if we see one month of bad data (i.e. higher inflation rates) in August, one could make the argument that the Fed should pause in September and wait for more data to see if another hike is warranted in November.<\/span><\/p>\n

For housing, there is still some risk of unexpectedly bad news on inflation, but it feels like we\u2019re at the top of the cycle for rates. And we can expect rates to very slowly come down toward the end of this year into next year.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which I interpret as continued good news on inflation. Based on the July data so […]<\/p>\n","protected":false},"author":13558,"featured_media":76642,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[632],"tags":[633,623],"dashboard":[],"coauthors":[622],"class_list":["post-76640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-from-our-economists","tag-inflation","tag-national"],"acf":[],"yoast_head":"\nSeptember Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News<\/title>\n<meta name=\"description\" content=\"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News\" \/>\n<meta property=\"og:description\" content=\"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-10T14:00:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-31T20:57:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chen Zhao\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chen Zhao\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/\"},\"author\":{\"name\":\"Chen Zhao\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/a0a62ede97b24e6f17c1cffb6ffdd574\"},\"headline\":\"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News\",\"datePublished\":\"2023-08-10T14:00:40+00:00\",\"dateModified\":\"2023-08-31T20:57:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/\"},\"wordCount\":208,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/pexels-karolina-grabowska-5900228-scaled.jpg\",\"keywords\":[\"inflation\",\"national\"],\"articleSection\":[\"From Our Economists\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/\",\"name\":\"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/pexels-karolina-grabowska-5900228-scaled.jpg\",\"datePublished\":\"2023-08-10T14:00:40+00:00\",\"dateModified\":\"2023-08-31T20:57:30+00:00\",\"description\":\"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/pexels-karolina-grabowska-5900228-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/pexels-karolina-grabowska-5900228-scaled.jpg\",\"width\":1800,\"height\":1200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/a0a62ede97b24e6f17c1cffb6ffdd574\",\"name\":\"Chen Zhao\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg83fdc0124d9fcdfe5e5d8583a850a63f\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg\",\"caption\":\"Chen Zhao\"},\"description\":\"Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences. Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies. While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/chen-zhao\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News","description":"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/","og_locale":"en_US","og_type":"article","og_title":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News","og_description":"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.","og_url":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2023-08-10T14:00:40+00:00","article_modified_time":"2023-08-31T20:57:30+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg","type":"image\/jpeg"}],"author":"Chen Zhao","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Chen Zhao","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/"},"author":{"name":"Chen Zhao","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/a0a62ede97b24e6f17c1cffb6ffdd574"},"headline":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News","datePublished":"2023-08-10T14:00:40+00:00","dateModified":"2023-08-31T20:57:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/"},"wordCount":208,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg","keywords":["inflation","national"],"articleSection":["From Our Economists"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/","url":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/","name":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg","datePublished":"2023-08-10T14:00:40+00:00","dateModified":"2023-08-31T20:57:30+00:00","description":"This morning\u2019s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July for both headline inflation and core inflation. That\u2019s the same increase we saw in June, which Redfin economists interpret as continued good news on inflation. It's hard to see another rate hike from the Fed in September.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/08\/pexels-karolina-grabowska-5900228-scaled.jpg","width":1800,"height":1200},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/september-fed-rate-hike-is-hard-to-imagine-after-another-month-of-good-inflation-news\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/a0a62ede97b24e6f17c1cffb6ffdd574","name":"Chen Zhao","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg83fdc0124d9fcdfe5e5d8583a850a63f","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg","caption":"Chen Zhao"},"description":"Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences. Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies. While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.","url":"https:\/\/www.redfin.com\/news\/author\/chen-zhao\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/76640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13558"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=76640"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/76640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/76642"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=76640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=76640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=76640"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=76640"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=76640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}