Okay, here you go CPI and SVB in that order from APM.

See what I did there American public media?

This is Marketplace.

In Los Angeles, I'm Kyle and Rizdole.

It is Tuesday.

Today the 14th of March could as always have you along.

But Silicon Valley bank the aftermath coming up through most of the rest of the program.

But we begin today with the macroeconomic number of the day.

It is 6.

That is the headline number for the consumer price index brought to us this morning by the

good people at the labor department.

It is still high, yes, and triple where the federal reserve would like to see inflation.

But this makes 8 months in a row now that the rate of price increases has slowed.

Now, one of the big reasons it hasn't slowed more is how much it costs to keep a roof over our heads.

Shelter says the Bureau of Labor Statistics is driving more than 70% of inflation right now.

At the same time though, the feds rising interest rates are having quite an impact on real estate,

including rents.

So with that in mind, Marketplace of Samantha Fields gets us going.

Think back to the first year or two of the pandemic.

When the housing market and later the rental market really took off.

It took some time for that strength to show up in inflation.

Ali Wolf is chief economist at the housing data and consultancy firms on them.

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