Surveillance: US Inflation Tops Estimates
Bloomberg Surveillance
00:00
Inflation
Jay Parini: We were above consensus, but we weren't at zero point six en. He says inflation is going to continue to eat into nominal income. Housing prices have exploded and when it came into the c p i relatively slowly, it's coming in with a vengeance he says. Parini: The way they treat shelter, the way they treat housing in here, comes in with a long lag.
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