Very interesting. Question, does the BOE 'engineer' housing cost like the FED? The layering of higher sales prices, soaring insurance costs and interest rates, is there an argument the Housing Component w/rent equivalent is under-represented. I would be curious to know if BOE uses that same approach.
Very interesting. Question, does the BOE 'engineer' housing cost like the FED? The layering of higher sales prices, soaring insurance costs and interest rates, is there an argument the Housing Component w/rent equivalent is under-represented. I would be curious to know if BOE uses that same approach.
Good question. Shall keep it on my list.