The Rise of the Shelter Component in Inflation

There's a Duke professor who was on CNBC this week saying the shelter component is just now going to start hitting the inflation data. The odds of a hike still at 93 percent? If we go from 9.1 to 2.7 in one year, do we really need a hike that's not going to do anything until summer 2024? Right. Paul was spotted at a Grateful Dead concert a couple of weeks ago. Turns out he's a deadhead. But these sort of decisions are not given off jerry-garcy of IBS. He should be easing into jam session mellow hippie mode. You just need to find some chill.