Shelter Inflation Makes 50 Bps Cut a Heavier Lift
Wall Street Journal
Firmer shelter inflation that contributed to a somewhat stronger-than-anticipated rise in core inflation in August will likely make it harder to push for a larger half-percentage-point rate cut at next week’s Federal Reserve meeting.
https://www.wsj.com/articles/shelter-inflation-makes-50-bps-cut-a-heavier-lift-d744d2d5