The Federal Reserve is hoping that its latest interest-rate cut will help keep the economy safely at cruising altitude. But don’t expect it to provide much of a lift to the housing market. Few economists expect the housing market to take off in response to
this week’s rate cut, because rates aren’t what was holding back housing
in the first place. Instead, they point to other factors.
Publisher: NYTimes | Author: Ben Casselman
TAGS
campaign promises, economy, federal reserve, recession, and trump agendaDATE PUBLISHED
2019-11-01 (Modified: 2019-10-31)STAR RATING
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