News Article 1 - Rising rents healthcare costs support U.S...

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Rising rents, healthcare costs support U.S. underlying inflation June 16 th , 2016 Lucia Mutikani © 2016 Thomson Reuters The article by Lucia Mutikani is about inflation and growth in our US economy. By increasing housing and healthcare costs, it allows the Federal Reserve to raise interest rates. The Federal Reserve expects to have say below it’s target through 2017 and only has two hikes planned for this year. There has been a rise in rent as many people are still cautious about owning a home. Federal officials are expecting job growth to pick back up even though at this moment job gains have diminished. The article mentions that "The economy is generating enough heat to produce some inflation, even if the Fed has worries about the long-term trend for economic growth being too weak to
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  • Spring '14
  • Sloan
  • Monetary Policy, Federal Reserve System, healthcare costs

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