Following this week’s Federal Open Market Committee (FOMC) meeting, the central bank announced its decision to keep interest rates unchanged. This was not a surprise as the Fed continues to evaluate if current rates are helping to keep inflation under control. While the Fed has hinted at rate cuts in 2024, it’s unclear when – or if – that will come to pass.
For more on the latest Fed pause and what it may mean for you, check out this week’s Top Market Takeaways.
When will the crisis in U.S. housing affordability end – and how?
High prices, high mortgage rates and a shortage of homes: combined, they’ve created today’s crisis of affordability. How do these issues get resolved – and when?
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