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Housing Market Dynamics and Inflation Trends
This chapter delves into the fluctuations of the U.S. housing market, examining the decline in housing starts against the backdrop of rising mortgage rates and recent hurricanes. It also explores the geopolitical tensions with China, discussions on central banks' inflation expectations, and the implications of wage growth in Europe. The chapter concludes with insights into the Federal Reserve's upcoming decisions and the broader impact of monetary policy on the economy.