TIL, that's an intriguing difference. Like I say, CPIH adjusts for this somewhat. It is a problem here because our 2% inflation target doesn't include housing.

TIL, that's an intriguing difference. Like I say, CPIH adjusts for this somewhat. It is a problem here because our 2% inflation target doesn't include housing. It also doesn't include the stock market etc, so we push inflation into these areas. Maybe I'm being too British in saying this, but it is a rare occasion when I see the US being more sensible than the UK. This is definitely one of those moments.