New York Times (April 12)
2024/ 04/ 14 by jd in Global News
“More economists are paring their bets that the Fed will cut rates after the latest Consumer Price Index report.” The new consensus of “higher-for-longer inflation… has hit the U.S. housing market like a thunderbolt. Home prices and mortgage rates are climbing again, dashing hopes that financing costs would fall this year and adding another economic question that could hang over the presidential election campaign.”
Tags: CPI, Economists, Fed, Financing costs, Home prices, Housing market, Inflation, Mortgage rates, Rates, U.S.
