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Goldman expects shelter inflation to remain roughly at its current pace. "We expect the rent component of CPI to increase by 0.40% this month (vs. 0.42% in July and 0.46% on average over the last ...
Washington, DC (CNN) — The latest Consumer Price Index shows that shelter costs contributed 90% of total inflation last month — but there’s a sharp turnaround ahead, say economic researchers ...
The San Francisco Fed researchers used data from before the pandemic to estimate future shelter inflation trends, and found that by year’s end shelter inflation may drop to as low as 2 percent ...
WASHINGTON, March 12 (Reuters) - U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that further diminishes the ...
Goldman Sachs The cooldown won't be quick. Shelter inflation will linger at a year-over-year pace of about 5% through the third quarter before dropping to 4.8% at the end of 2022, Goldman said.
December's Consumer Price Index (CPI) data showed prices increased 0.4% month over month and 2.9% year over year. Core CPI, which excludes volatile food and energy prices, rose 3.2% yearly, coming ...
Walden sees parallels between the CPI shelter data and broader home price trends: "You are seeing home price growth calm down." Looking ahead to 2025, Walden emphasizes that housing market growth ...
There is growing consensus on Wall Street for prospects of falling shelter inflation. Goldman Sachs drops expectations for a Fed interest rate hike in June. Join Nic Chahine live on Wednesday ...