UBS On-Air: Paul Donovan Daily Audio 'What can consumers afford?'
UBS On-Air: Market Moves · Podcast owner
February 13, 20262m 55s
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Show Notes
US January consumer price data is due. The focus should be on the details more than the headline. The largest part of the consumer price calculation is a fictitious housing price that people don’t pay. Such prices have no influence over perceptions of the affordability crisis.