News
Wednesday, April 17, 2024
Interest Rates to Remain Higher for Longer
Eye On Housing National Association Of Home Builders Discusses Economics And Housing PolicyInterest rates moved higher in recent weeks because of disappointing progress for inflation data and solid labor market reports. In fact, Fed Chairman Powell noted this week that there has been a “lack of further progress so far this year on returning to our 2% inflation goal.” These offsetting factors — higher interest rates on the negative side but supportive macro conditions — left builder sentiment flat in