There has been some positive movement in the labor markets. Inflation continues to be "transitory," with most of the spike due to base effect; the Delta variant appears to be lengthening the "transitory" period. Rent increases may prove to be more persistent due to the continued eviction moratorium.
A Healing Labor Market And Calming Inflation - What's Not To Like? How About Slowing Growth...
Forbes - 15 Aug 2021 02:50
There has been some positive movement in the labor markets. Inflation continues to be "transitory," with most of the spike due to base effect; the Delta variant appears to be lengthening the "transitory" period. Rent increases may prove to be more persistent due to the continued eviction moratorium.
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