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Can Monetary Policy Tame Rent Inflation?
- Source :
-
FRBSF Economic Letter . 2/13/2023, Vol. 2023 Issue 4, p1-6. 6p. - Publication Year :
- 2023
-
Abstract
- The article examines the effectiveness of monetary policy tightening for reducing rent inflation. It mentions that cost of housing as an important component of total U.S. consumer spending, along with explores that high rent inflation has contributed to elevated levels of overall inflation. It discusses how changes in housing demand can drive both rents and house prices.
Details
- Language :
- English
- ISSN :
- 0890927X
- Volume :
- 2023
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- FRBSF Economic Letter
- Publication Type :
- Periodical
- Accession number :
- 161894670