April CPI Preview: Impact Of Rising Shelter Costs On Interest Rates

Forbes, April 24, 2024–Simon Moore
Progress on disinflation has largely stalled so far in early 2024 data, that’s after steady improvements since mid 2022. That’s a problem for the Federal Open Market Committee’s plans to bring rates down from current peak levels of 5.25% to 5.5%. Rates have held at that level since July 2023.
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