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Inflation calms down, 3-class division, US rents rise, job insecurity, poverty increases As inflation calms down in the US economy, the legacy of interest rate cuts has led to the division of the 3-class into the wealthy, upper-middle class, and the poor, and the 'poverty index', which suffers from absolute poverty due to rising rents and job insecurity in the US, has risen. The New York Times r..

August inflation 2%, housing cost intentionally excluded, housing loan highest ever In the calculation of the August price index, Korea's price system intentionally excluded housing cost for the purpose of establishing a high-speed growth of the Cold War system, and in August, housing loan rose to an all-time high and the consumer price index came out at 2.0%. The increase in household loans by ..

Rising rents in the U.S. and prolonged out of control prices; exclusion of Korea's own housing costs As inflation price controls in the U.S. are prolonged and housing rents are on the rise, Korea's economic outlook is becoming more difficult as housing costs are excluded from the consumer price index. The overall consumer price index in the United States rose 3.1% from a year ago, down from 3.4%..