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Are Housing Costs the Key to Inflation Risk in 2024? | Presented by CME Group
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January 17, 2024
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1:23Now PlayingThe culprit behind December’s surprise inflation bump came as no surprise to economists, given that housing costs had resisted the overall downdraft in consumer prices throughout 2023. Although the government’s methodology in measuring housing (or "shelter") costs makes it a lagging indicator, the continued resistance of this component to the Fed’s monetary policy tightening has intrigued analysts. What’s keeping housing costs high and how will that impact inflation in 2024? Presented by @cmegroup
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