“So I do think that over the next say six months to a year, he's gonna wanna cut rates.”
Sacks criticizes the Fed for measuring rental inflation by surveying only 8,000 households instead of using real-time market data.
“And he was telling me that the way they measure inflation for housing or for rentals, which is a major component, is they survey, like, 8,000 households to find out what their rent is.”