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Tuesday, Jun 28, 2022

US Likely to See Higher Inflation From Housing 'For a While', Fed Governor Says

US Likely to See Higher Inflation From Housing 'For a While', Fed Governor Says

The United States is likely to see greater inflation risks from record-high housing prices as demand continues to outstrip the number of newly-built homes while bottlenecks in supply chains slow construction, Federal Reserve Governor Michelle Bowman said on Monday.
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