Latest / Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People
Why the Fed Ignores the Rent You Actually Pay
Episode 82 of Inflation Explained with Fexingo dives into the gap between the rent CPI reports and what tenants actually sign on leases. Lucas and Luna break down why the Bureau of Labor Statistics uses a methodology called Owners’ Equivalent Rent that lags real-time market rents by 12 to 18 months, and how that distorts the inflation picture for the 35 percent of households who rent. They anchor the conversation to the May 2026 CPI reading of 334.0 and the Core PCE hitting 3.4 percent, and explain why the Fed may be underestimating housing cost pressure. The episode uses a specific case: a…
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