Are 1970s inflation and mortgage rates possible?
Housing Wire
MARCH 12, 2024
The CPI report came out Tuesday, and the headline number showed a 12-month inflation of 3.2%. So, what should we take away from this number, seeing that market participants are still worried about 1970s inflation and some don’t want to see any rate cuts this year? However, is the 1970s reference a valid one?
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