U.S. Inflation Looks Even More Tame If You Remove Housing Costs
U.S. central bankers eyeing services inflation as a key gauge of price pressures may find it pretty robust—until you take housing costs out of the equation.
Services prices excluding energy rose 2.9 percent in the year through April, but if you also remove rents they were up 2.3 percent, according to consumer price index data published Thursday by the Labor Department.
Read more here.
Posted in
CATEGORIES
Need Court Appointed Receiver Services?
As court-appointed receiver, we work with the debtor and creditor to resolve defaulted credits. Most often, while working with the borrower’s lender, we are able to significantly reduce the loan balance through an efficient liquidation process that maximizes loan value.