The Bureau of Labor Statistics released the consumer price index for October, which showed continued easing of price pressures. Prices rose 3.2% year-over-year, down from September and August, but remain elevated compared to the Federal Reserve’s 2% inflation target. Though many sectors saw inflation easing, the costs of housing continued to rise in October.
Consumer Price Index Unchanged in October
Published on November 17, 2023
Recent News
WSJ: Strain on Small and Large Banks in the CRE Sector
July 12, 2024
Michael Bright Featured in RealClearMarkets
July 2, 2024