Items Tagged with 'fed fund rate'

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  • U.S. housing market is "anemic" and "lackluster," says NY Fed

    Economic data indicates "implied path" of Fed rate is downward, economists say
    The Federal Reserve Bank of New York describes U.S. home sales as “soft” and “anemic” in a Monday report. Fed economists pointed to June’s existing home sales level, which was 1.7% below a year ago, as part of the reason for their conclusion: “Home sales remain lackluster.”
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