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CPI was up slightly in August, but the annual inflation rate still came down. A rise in shelter costs is one reason inflation didn’t come down further. Duke University economics professor Connell Fullenkamp says housing prices will continue to be a problem for the Fed. He also talks about what the Fed will do next week.
By Mortgage News NetworkCPI was up slightly in August, but the annual inflation rate still came down. A rise in shelter costs is one reason inflation didn’t come down further. Duke University economics professor Connell Fullenkamp says housing prices will continue to be a problem for the Fed. He also talks about what the Fed will do next week.