
US CPI Eases, Bank Earnings
Bloomberg Intelligence
Inflation Trends and Housing Affordability
This chapter analyzes the current landscape of inflation, particularly the rising shelter costs and their significant role in the Consumer Price Index. It addresses ongoing challenges related to housing affordability, wage inflation driven by a tight labor market, and the implications of potential tariffs on economic conditions. The discussion culminates in concerns over a generational shift in employment priorities and the persistent obstacles facing the housing market amidst high mortgage rates.
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