Posted 8/26/2023, 1:49:00 AM

Twin Cities inflation rate among lowest in the country, driven in part by housing

Minneapolis-St. Paul is the first major U.S. metro area to reach the Federal Reserve's inflation goal, partially due to increased housing construction, but leaders caution against complacency.

kare11.com

Relevant topic timeline:

9/2/2023

This Midwest hub is the first major US city that has managed to tame inflation and other regions are starting to catch on — here’s how and where it’s happening

Minneapolis has successfully managed to tame inflation by focusing on reducing housing costs through zoning reforms and rental assistance, serving as an example for other cities to follow.