Fed Imposes Largest Hike Since 1994
In an effort to to rein in prices, the Fed is raising interest rates by 0.75 percentage points
In an effort to to rein in prices, the Fed is raising interest rates by 0.75 percentage points
The move is the largest since May 2000. So what does it mean for the housing market?
San Francisco, which has one of the largest outflow rates, also has the lowest inflation rate in the U.S.
The Federal Reserve is expected to raise interest rates this week to help slow inflation
Driven by housing costs and supply chain struggles, inflation has jumped to the highest level in nearly 40 years
Inflation is a key forecast concern with expectations upgraded to average 6.2 percent on an annual basis
The monthly report notes persistent supply chain disruptions and labor market tightness as stressors
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