Are Rent Renewal Costs Holding Off a Fed Rate Cut?
July 12, 2024 at 15:54 PM EDT
Recent data from the Cleveland Fed showed that people moving to new homes are barely facing price increases compared to renewing their existing leases. Analysts at Janus Henderson say the situation with rent renewals may be the key to overcoming a stubborn bout of inflation that’s giving the Federal Reserve pause over starting a rate [...] The post Are Rent Renewal Costs Holding Off a Fed Rate Cut? appeared first on ETF Trends .