Rent inflation won’t cool until 2026, Cleveland Fed says
Fewer people are moving and signing new leases — so the sample in the CPI doesn’t capture as much turnover, the researchers ...
Financial Advisor5h
Rent Inflation Won't Ebb Until 2026, Cleveland Fed Model Shows
The Cleveland Fed paper, which was published last month, presents another complication — the authors found that declining mobility in the US is compounding the delay. So rent inflation will be more ...
Powell May Be Waiting Until 2026 for Housing Inflation to Cool
Federal Reserve Chair Jerome Powell said last week central bankers are keeping a close eye on housing inflation, which “has ...
October Retail Sales Figures Signal Economic Resilience
A positive October sales report shows a strong retail market. U.S. retail sales increased slightly more than expected in ...
Republic Business on MSN2d
Strong Data Casts Doubt Over The December Fed Rate Cuts
Economic and inflation data has cast serious doubt in the minds of Federal Reserve policymakers over the pace and extent of ...
Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and ...
Strong US Data Continues Reshaping Fed Views of Pace, Extent of Rate Cuts
In the latest round of comments on U.S. monetary policy, Fed officials continued to express faith that inflation was coming ...
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
Morning Bid: Chinese Consumers Spend More, Just Not on Property
Yes, property sales picked up a tad but they are still down a whopping 15.8% from a year ago. A decline in property ...
San Francisco Fed3d
A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
Powell 'certainly' intends to stay at Fed until chairmanship ends
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...
Marketplace3d
Would changing the Fed’s inflation target help people afford homes?
The trick is finding inflation's sweet spot — too much or too little can lead to a lot of problems for the economy and ...