The CPI is at 45% of the index attributed to shelter, housing, and owner's equivalent rent.
Auto costs, including insurance, saw a notable rise, with month-over-month increases.
Is the 3% the new 2%? When will the Fed give up?
Auto insurance and housing are the outlier for the majority of CPI components that stayed under the 3% threshold.
50 of the top metro cities, renting has become more affordable than buying.
Stay tuned for the next update on the numbers. https://linktr.ee/kptalksdollarsandsense
#KPTalksDollarsAndSense #CPI #EconomicTrends #HousingAffordability #FedPolicy #RentingVsBuying #FinancialInsights #Inflation #MarketAnalysis #StayInformed #EconomicShifts #KPTalks