Key Words: ‘Calmer inflation means lower mortgage rates — eventually’: Housing drives inflation, but U.S. property market is cooling

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The U.S. economy is still dealing with high inflation, but the housing sector is showing signs of cooling off.

The Consumer Price Index rose 0.1% in March from the previous month, according to the latest report from the federal government. It was the smallest uptick in 3 months, and was lower than usual due to an easing in energy costs. 

The…