My recent post, The End of the Beginning, discussed the process by which the FED’s interest rate hikes should slow the economy, and ultimately, ease inflationary pressures. Typically, increases in rates impact housing, orders for goods, corporate profits, and employment in that order....
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- Tag: home sales
A key element in our recent economic discussions has been the mechanism by which the FED’s interest rate increases are expected to slow the economy, and ultimately, inflation. This process is best described by the acronym HOPE. The first sector of the economy...
My May 26th blog Cracks in the Housing Market? raised the question of whether rising home prices and mortgage interest rates were finally beginning to impact the demand for housing. Well, new data suggests that higher housing costs are indeed having an impact....