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Karen Maley

Why US housing remains the big obstacle to rate cuts in 2024

Investors’ hopes of rate cuts are waning as problems in the US housing market look set to keep house price and rental inflation bubbling along.

Karen MaleyColumnist
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Investors’ hopes for rate cuts this year have been quashed, with the latest batch of US economic data providing further evidence that inflation remains stubbornly high, even as US economic activity is showing signs of slowing.

Rising rents will keep upward pressure on US inflation. Evelyn Barota

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Jill Margo was a senior writer at The Australian Financial Review.
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    Original URL: https://www.afr.com/link/follow-20180101-p5fmpp