CPI rose 3.2% in July, but shelter inflation will continue to decelerate
Housing Wire
AUGUST 10, 2023
Indices that increased in June include shelter, motor vehicle insurance, education, and recreation. 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. month-over-month, similar to June. Timing matters too, insists Sturtevant.
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