The Role of Housing Costs in Driving Persistent US Inflation and the Impact on Renters =============== #e86f844e ver:0.7 US inflation exceeds target rate of 2%, driven by rising energy, food prices, and housing costs. The Federal Reserve faces pressure to tighten monetary policy, but must consider impact on economy and employment. Housing shortage drives inflation, adding $2 trillion to homeowners' balance sheets. Solution is to build more housing. Rent crisis and high housing costs are critical concerns for voters, federal intervention needed. Persistent rise in housing costs poses challenge for Fed in bringing inflation back to target. Balancing inflation control and addressing housing costs will shape economic landscape. #inflation #housingcosts #rentcrisis #FederalReserve... #newstr #UsInflation #FederalReserve #InterestRates #HousingShortage #RentalMarket #HighRents #RentCrisis #HousingCrisis https://here.news/story/e86f844e?ver=0.7