Real Interest Rates: Is the Fed Finally Ahead of the Curve?

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Current Case-Shiller data, released today, is through November. The rest of the numbers from the BLS reflect the same timeframe.

OER stands for Owner’s Equivalent Rent. It’s the price one would pay to rent their own house from themselves, unfurnished, without utilities.  

November 2022 Comparison

  • Case-Shiller National: 7.69 Percent
  • Case-Shiller 10-City: 6.31 Percent
  • Primary Rent: 7.91 Percent
  • OER: 7.13 Percent
  • CPI: 7.11 Percent
  • Fed Funds Rate: 3.78 Percent

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