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US shelter inflation is likely to slow significantly over the next 18 months -- SF Fed

US shelter inflation is likely to slow significantly over the next 18 months -- SF Fed
Market participants have come to recognize the profoundly laggy measurements of shelter inflation in CPI and have been trying to look through them. That's a big reason why market-implied inflation is back on target in 2024.Fed officials have also acknowledged the lags in shelter pricing but are reluctant to express too much confidence in a return to target given their previous failings. In a note from the San Francisco Fed today, researchers lay out the pay of shelter inflation going forward and... Read More
Posted: Aug 7 2023, 17:25
Author Name: forexlive
Views: 102094

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