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
Weely Real Estate News
Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve
Sen. Elizabeth Warren (D-MA) is demanding the Federal Reserve cut the federal funds rate during its policy meeting this week. Warren, joined by Sens. Jacky Rosen (D-NV) and John Hickenlooper (D-CO), wrote a letter to […]
Mortage News
The mortgage market isn’t sending the signal homebuyers need on affordability
Lawrence Yun has as big a stake in the Federal Reserve’s moves as any economist: As the chief economist for the National Association of Realtors, his industry is a target of the Federal Reserve’s efforts […]
Economy
U.S. economy grew at weak 1.1% rate in Q1 in sign of slowdown
WASHINGTON (AP) — The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories. Thursday’s estimate from […]