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Many Saw Cost of Too Little Outweighing Too Much

Many Saw Cost of Too Little Outweighing Too Much
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Fed Officials Saw Risk of Entrenched Inflation

Fed Officials Saw Risk of Entrenched Inflation
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Inflation and Federal Reserve Alert! Governor Christopher J. Waller: In 1972-1973, the average household spent 24 percent of expenditures on rent or imputed rent. This share rose to 27 percent in the late 1980s, and in 2019 that was up to 35 percent. No doubt the share in 2022 will be larger still. – Investment Watch

Inflation and Federal Reserve Alert! Governor Christopher J. Waller: In 1972-1973, the average household spent 24 percent of expenditures on rent or imputed rent. This share rose to 27 percent in the late 1980s, and in 2019 that was up to 35 percent. No doubt the share in 2022 will be larger still. – Investment Watch
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