![Inflation Moderates Despite Persistent Housing Cost Growth](https://eyeonhousing.org/wp-content/uploads/2024/06/Figure_1-600x400.jpg)
Inflation Moderates Despite Persistent Housing Cost Growth
Both overall and core inflation continued to ease in May as decline in gasoline price offset the increase the shelter cost. This is a dovish signal for future monetary policy. Despite a slowdown in the year-over-year increase, shelter costs continue to put upward pressure on…