The Role of Housing Costs in Driving Persistent US Inflation
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#e86f844e ver:0.69

US inflation exceeds target at 3.2%, driven by rising housing costs. The Federal Reserve faces the challenge of controlling inflation while considering the impact on the economy and employment. Core inflation declines to 3.8%, but housing costs rise 5.7%. A national housing shortage is driving inflation, adding $2 trillion to homeowners' balance sheets. Building more housing is the solution, with estimates of a shortfall between 1.5M and 5.5M units. Congress must address the housing shortfall while the Fed fights inflation. #USinflation #housingcosts #FederalReserve...

#newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket 

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