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Rents Seen as Major Inflation Driver Amid Faces of Housing
Rising rents threaten inflation as households shift away from homeownership. Shelter costs now drive a large share of CPI ex food and energy, with experts noting housing as a continuing inflation contributor. Fed officials aim to keep rates low, while analysts urge caution about rent-driven price pressures.
MENTIONED IN THIS ARTICLE
Washington
Shelter
Federal Reserve
Ben Bernanke
Maury Harris
U.S
New York
UBS Securities
UBS
Bloomberg
Bruce McCain
KeyCorp
Cleveland
Treasury
McCain
Harris
Fed
Department of Commerce