“Underlying economic pressures in the U.S. remain stickier than the consumer price index figure released Wednesday implies
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“underneath, inflation remained sticky and food prices are undercounted by Bureau of Labor Statistics methods
“temporary drops in energy and gasoline prices make the headline figure look small
“bitcoin moves hardest when inflation data forces a rethink on rates, gaining an average 3.25% across the three occasions in the past nine releases when inflation came in below expectations
“rent increases on rent-stabilized apartments have failed to keep pace with inflation for years, even as the costs of maintaining buildings have continued to rise
“there were "potential trade-offs" that include more administrative costs and less flexibility for companies, including making it "harder for employers to respond to changes in demand"
“the index ignores key housing costs such as property taxes, insurance and home prices
“Economists, whether they are on the right or on the left, essentially are in universal agreement, that when the government implements price controls in the rental market, you end up with housing shortages,
“Merely the threat of a more hostile tax and regulatory environment has been enough to chill investment in New York City, and that’s already impacting prices,