Submitted by FoldItBackandSlapIt t3_11dg9ri in wallstreetbets
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"Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January, a trend that is poised to continue as the biggest delivery of new apartments in nearly four decades is slated for this year"
Since housing and rent have made up a large part of the CPI number, the hypothesis would be that declining rents would impact CPI thus decreasing MoM and YoY numbers.
Pivot. Inbound.
Pump It.