Q&A: What can rent prices reveal about inflation and the economy?
Tracking rent prices may help businesses and policymakers understand where inflation is headed months in advance of government inflation reports, according to researchers at Penn State's Smeal College of Business who developed the Penn State/ACY Alternative Inflation Index. The Penn State index was...
Image: Phys.org
Tracking rent prices may help businesses and policymakers understand where inflation is headed months in advance of government inflation reports, according to researchers at Penn State's Smeal College of Business who developed the Penn State/ACY Alternative Inflation Index. The Penn State index was recently incorporated into the Bloomberg Terminal, a software system that serves financial professionals with real-time market data, news and analytics.
Originally published at Phys.org
