Recovery in rental costs is coming over the next three to six months, signaling "limited...

|By:, SA News Editor
Recovery in rental costs is coming over the next three to six months, signaling "limited downside for core CPI and a pickup in core CPI going ahead" and reducing any deflation threat, Morgan Stanley’s David Greenlaw says. "Rents had been a huge drag on the core CPI last year and that seems to be fading," UBS' Samuel Coffin adds.