Today news
About the same in other media
The Fed Searches for the Magic Number to Cool a Red-Hot U.S. Housing Market
Reading now: 376
When the Federal Reserve set out to cool the economy and slow inflation in the past, it counted on the housing market to do much of the work. By raising interest rates, the central bank made mortgages more expensive and trimmed the number of buyers.
This time, America’s red-hot housing market threatens to make the Fed’s job tougher. With so many buyers competing for so few available properties, home prices in the U.S. rose 18.8% last year, according to a home-price index maintained by S&P Dow Jones Indices and CoreLogic that measures average home prices in major metropolitan areas.
Read more on wsj.comAbout this in other media
With Bitcoin miners distributing their holdings, here’s what the future holds for BTC ambcrypto.com /2 years ago
Time for Cardano [ADA] to cool down, but here’s a good sign to watch out for ambcrypto.com /2 years ago
Fed Vice Chair Lael Brainard says it's 'very hard to see the case' for the Fed pausing rate hikes cnbc.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Time for Cardano [ADA] to cool down, but here’s a good sign to watch out for](https://finance-news.co/storage/thumbs_400/img/2022/6/3/28197_tj2.jpg)
