The Fed pauses its rate hikes for now, will it last?
Housing Wire
SEPTEMBER 20, 2023
The Federal Open Markets Committee paused its interest-rate hikes on Wednesday for the second time this year. However, the door remains open for another increase as early as November. Most Fed officials last June had penciled in two more rate rises this year, one in July and one more in the fall. Most investors are already wondering what it would take for the central bank to lift rates again later this year.
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