CPI rose 3.2% in July, but shelter inflation will continue to decelerate
Housing Wire
AUGUST 10, 2023
Lisa Sturtevant, these changes are not the result of the Fed’s action but rather the consequence of more new residential construction coming on the market. The Fed’s decision-making is getting more complicated Another hike in September would move the target federal funds rate to its highest level since March 2001.
Let's personalize your content