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Macro Minute
July 13, 2021

Gimme Shelter Inflation

The recent acceleration in the prices people pay for housing might have more lasting implications for the path of core inflation ahead.

Recent Posts

July 6, 2021

Policymakers have been using the trimmed mean PCE inflation rate to get a better sense of the overall direction of prices in the long term. But does using this metric risk missing anything that short-term price hikes might be telling us?