Latest / Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Are Watching Rent Inflation
In this episode of Monetary Policy Explained with Fexingo, Lucas and Luna drill into a specific puzzle: why central banks in mid-2026 are fixated on rent inflation. They walk through the 2021-2024 shelter inflation surge that took CPI from 2% to over 9%, how rent lags market data by about 12 months, and why the Bureau of Labor Statistics' new tenants' rent index is giving policymakers heartburn. Lucas unpacks the mechanics of how Owner's Equivalent Rent (OER) is calculated and why it kept inflation sticky even as goods prices fell. The hosts also examine the Bank of…
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