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.

Source: https://www.wsj.com/articles/apartment-rents-fall-as-crush-of-new-supply-hits-market-2403c6ea?siteid=yhoof2

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