The post Economists’ crystal balls are growing cloudier. But they still expect a recession appeared first on Weekly Real Estate News.
Economists’ crystal balls are growing cloudier. But they still expect a recession
Economy
Recession 2023: What to Watch and How to Prepare
Geopolitical tensions, energy market imbalances, persistently high inflation and rising interest rates have many investors and economists concerned that a U.S. recession is inevitable in 2023. The risk of recession has been rising as the Federal Reserve […]
Housing
The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the […]
Economy
S&P 500 ends lower as recession fears take center stage
The S&P 500 dipped and the Nasdaq ended sharply lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve’s rapid interest rate hikes might tip the U.S. economy […]