Inflation Slows, Yet Housing Prices Remain High
TL;DR
Despite record home prices, economists predict that housing will contribute to a decrease in inflation in 2024, as cooling rents act as a downward pressure. Shelter remains the biggest obstacle in the fight against inflation.
- Despite Record Home Prices, Housing Is About to Drag Inflation Down The Wall Street Journal
- If inflation is cooling, why do things still feel so expensive? NPR
- Inflation slowed to a 3.1% annual rate in November CNBC
- U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago CoinDesk
- Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession The Associated Press
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Read on The Wall Street Journal