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As was the case in 2007-08, there is a discrepancy between the Case-Shiller index and the owners’ equivalent rent component of CPI, but this time the mismatch causes inflation to be under-reported rather than over-reported.
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China should immediately halt some of its real estate stimulus policies, or risk inflating a bubble that in its bursting would wreak financial and even social trouble, a central bank newspaper said on Monday.
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A huge expansion of a solar panel manufacturing plant in Perrysburg Township is nearing completion just in time for a massive planned increase in solar energy use across the United States and Canada.