John Authers, Columnist

How to Price in Rent Inflation and Russia Tensions

As the Fed grapples with rate hikes, higher housing costs will be feeding inflation for months to come.

Renting in San Francisco. Across the U.S., rental prices are surging and feeding renewed inflation.

Photographer: Justin Sullivan/Getty

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The next episodes of the great inflation running story are already set. Jerome Powell will testify to the Senate at his reconfirmation hearing Tuesday, followed Wednesday by the release of the final inflation numbers of 2021, the year when rising prices made a sudden and widely unexpected return. But for the rest of 2022, the drama could be centered on landlords, tenants, and the markets that finance them.