Economists are more nervous about the chances of another recession. And one of biggest fears is that the Federal Reserve may have run out of bullets to fight another downturn. “They do have some ammunition left, but it’s not going to pack a lot of punch,” said Mark Zandi, chief economist with Moody’s Economy.
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Exclusive: House Democrat reintroduces bill targeting mortgage credit access
The reintroduced legislation would require lenders to use consumer-permissioned data, rental and bank records, for applicants who request it.