The only reason why US CPI isn't at 2% right now, is because of how "housing" is calculated in the CPI measurement. And American tax payers only have J Powell to thank for why the housing market is where it is today and if rates were lowered and the housing market got hot again, CPI inflation would absolutely nuke.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share