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Housing Slump Set to Give Fed an Inflation-Fighting Assist
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The Federal Reserve’s interest rate increases have brought on a housing slump as severe, by some metrics, as that of 2007-09, inflicting pain on prospective buyers, homeowners, builders and other industries linked to real estate.
For the Fed, this is a feature, not a bug: Slumping housing could help deliver the lower economic activity and inflation that the Fed wants in the coming year.
Read more on wsj.comAbout this in other media
Housing Slump Set to Give Fed an Inflation-Fighting Assist wsj.com /1 year ago
Economy Week Ahead: U.S. Housing Market in Focus wsj.com /1 year ago
Housing Slump Set to Give Fed an Inflation-Fighting Assist wsj.com /1 year ago
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