Prior to this decision, the central bank voted for 10 consecutive rate hikes.
The post Federal Reserve Pauses on Rate Hikes appeared first on Weekly Real Estate News.
Federal Reserve Pauses on Rate Hikes
Housing Wire
Fed officials unanimous on maintaining restrictive policy until inflation cools
Federal Reserve policymakers saw eye to eye that policy should remain restrictive for some time but were divided on whether inflation was high enough to bring the target federal funds rate down to the 2% […]
Loan Markets
Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble
Real house prices—prices adjusted for inflation—have steadily increased in the U.S. since 2012. Further acceleration in the pace of house-price appreciation began before the pandemic but has strengthened noticeably since early 2020. For prospective buyers […]
Economy
Fed’s Williams: Inflation still ‘too high,’ Fed will act to lower it
(Reuters) – Federal Reserve Bank of New York President John Williams said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it, in comments that noted recent […]