2min chapter

Moody's Talks - Inside Economics cover image

Banner Inflation, Banking Braves Out

Moody's Talks - Inside Economics

CHAPTER

The Fed's Target for Housing Services

CPI core, excluding food and energy, is 2.5%, which is the Fed's target. The only thing reason we're not at target is the cost of housing,. And as we've been discussing, we all know that that's going to slow quite dramatically here. So my, my baseline forecast, a year from now, you know, cost of growth, the cost ofhousing services is going to be normalized. It's going to be around 2.5%.

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