Tighter Credit Tempers Consumer Price Pressures, but Also Curtails Lending

Inflation descending at a more subdued pace. Annual growth in the headline consumer price index (CPI) slowed to 4.9 percent in April, marking the 10th month in a row that this metric has decelerated since the Federal Reserve began tightening policy in the current cycle.

https://mmreis-my.sharepoint.com/:b:/g/personal/rj_vara_marcusmillichap_com/EUfxraEpD0NIgUZYRfBk4bwBMCOC2ylz7SzBtVf6lRwovA?e=6w3BmC