Home Rentals Might Prolong High U.S. Inflation; Spotting a Recession Jul 28, 2022 View in your browser Home Rentals Could Prolong Inflation; Spotting a Recession By Blu Putnam, Chief Economist, Erik Norland, Senior Economic CME Group Home Rental’s Lagging Effect on Inflation Home rental is up 5.5%, while home prices are up 21% Rise in home rentals tend to lag home prices by about 21 months As such, home rentals could catch up with home prices and peak in March 2024 This scenario could lead to prolonged elevated U.S. inflation Read article Spotting an Economic Recession Recessions tend to follow periods of tight monetary policy, flat yield curves Equity market volatility tends to rise before an economy tips into recession Fed rate hikes in 2022 have flattened yield curve, raised volatility in equities Is the economy heading toward to a recession? It’s Still too early to tell Watch video SEE MORE ANNOUNCEMENTS
