The Wealth Effect Created One Third Of Inflation - The Loonie Hour #066 - Steve Saretsky

Steve
Saretsky

DATE

2023
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2022
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2021
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The Wealth Effect Created One Third Of Inflation – The Loonie Hour #066

Mohit Chawla -

January 22, 2023

CPI inflation in the US continues to decelerate, right in line with expectations. We discuss the market implications and guess where inflation could be later this year. Canadian Bank CEO’s send out a warning to regulators over vulnerable borrowers. The Fed says rising house prices created a wealth effect that boosted inflation. Meanwhile, another central banker says it’s not their job to fight climate change.

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The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.