Yellen: Has every expectation that single biggest contributor to inflation will move down ...Middle East

Treasury Secretary Yellen is on the wire saying that she has every expectation that the single biggest contributor to inflation will move down this year. I assume she means owner equivalent rent which YoY at highs in 2023 was up 8.11%. After the recent CPI, the YoY is still up nearly 6%. This article was written by Greg Michalowski at www.forexlive.com.

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