Rents Are the Fed’s ‘Biggest Stumbling Block’ in Taming US Inflation

Construction of luxury apartments at the former site of the Paradise Valley Mall in Phoenix in January.

2024-04-18    

Even the rental inflation problem itself isn’t particularly broad-based anymore, geographically: There’s a big difference between the situation in the Northeast and Midwest, where high inflation is lingering, and the West and South, where it’s moderating rapidly.

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