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What Is the ‘No Landing’ Scenario?

What Is the ‘No Landing’ Scenario?

A Tale of Two Landings There has been a lot of talk about the Fed sticking a “soft landing”, in which inflation moderates in response to tight monetary policy but the economy avoids a recession. With each data point showing the prowess of the U.S. economy – see last week’s Q4 GDP report, for example…Read more

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What Is the ‘No Landing’ Scenario?

Rent Growth Is Slowing. Why Doesn’t Inflation Show It?

Rent Growth Is Slowing. Why Doesn’t Inflation Show It?

Data Divergence Housing costs are a huge part of the average American’s budget. But the data on rent growth is wonky, painting a confusing picture for policymakers. In recent months, private-sector data like Zillow’s (Z) Observed Rental Index has shown a deceleration in the cost of new leases for houses and apartments. But inflation measures…Read more

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Rent Growth Is Slowing. Why Doesn’t Inflation Show It?
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