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Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based on projections of a slower pace of cuts going into 2025. During its final meeting of the year, the Federal Open Market Committee (FOMC) lowered rates by a quarter-percentage point to 4.25% to 4.5%—cutting one…
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Existing-Home Sales See Strongest Year-Over-Year Increase Since 2021
Existing-home sales continue to rise year-over-year for the second month as economists say buyers are feeling more positive about their market prospects. Total existing-home sales improved 4.8% in November, rising from October’s rate of 3.96 million to 4.15 million. November’s sales data saw a large jump of 6.1% year-over-year, more than double October’s year-over-year increase…
The post Existing-Home Sales See Strongest Year-Over-Year Increase Since 2021 appeared first on RISMedia.
M&G expands living exposure in Southern Europe with €126m spree - IPE Real Assets
U.S. Housing Industry Reacts to the Federal Reserve's Late 2024 Rate Cut - The World Property Journal
The Risks of Climate Change to the United States in the 21st Century - Congressional Budget Office
