Business Report: Home price inflation soars
Updated: Jul. 30, 2019 at 11:15 AM HST
HONOLULU, Hawaii (HawaiiNewsNow) - Hold onto your pants! It’s Crisis at a Glance!
We often mention that inflation is low, less than 2%. That’s often read as a sign of sluggish economic growth, which is why the Fed will probably cut interest rates this week, to goose the economy.
But here’s something to keep in mind: Inflation for assets from stocks to houses has been way more.
Howard Dicus explains.
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