Tagged: shelter inflation

Powell points to potential inflation increases as rationale for no rate cuts as Fed board members signal openness to lower rates

NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales

But, three consecutive months of rising consumer prices flash a warning signal for 2025

Core inflation — less food and energy — remains slightly higher than the all items index

“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.

Department of Labor's April Consumer Price Index increased in line with expectations

The runway to rate cuts continues to lengthen with month-over-month inflation growth in March.

Core CPI rises by 0.3%, signaling ongoing inflationary pressures with energy and shelter costs driving the uptick.

Interest rate hikes and cooling rental markets lead to most severe contraction since global financial crisis.