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Politics & Government Zelity believes housing market will improve as interest rates are lowered
By Scott BenjaminHe added, “It was also wise to halt interest rate increases for the time being, because monetary policy works with a lag. That is, it takes time for inflation to respond to interest rates. Indeed we see that inflation continues to decline even as the Fed keeps rates steady at relatively high levels. The question now is whether we can reach 2 percent inflation with the current […]
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