US Economy
Latest news, explainers and analysis on US Economy. Tracking 2 stories on Arth Vani.
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Latest on US Economy
US Housing Affordability Worsens as Mortgage Rates Hit 11-Month High
Housing affordability in the United States is once again deteriorating, driven by mortgage rates climbing to an 11-month high. This trend makes homeownership more challenging for potential buyers due to increased monthly payments. A top economist suggests that diligently comparing lender offers can save homebuyers substantial amounts of money.
US Federal Reserve Expected to Hold Benchmark Rates at 3.50%-3.75%
The US Federal Reserve is widely anticipated to maintain its benchmark interest rate within the 3.50%-3.75% range. This expected decision signals a period of stability in US monetary policy, which can have indirect implications for global financial markets, including those in India.
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