Inflation and the Federal Funds Rate
- Author
- Home Estate Realty, Inc.
- Published
- Tue 18 Jun 2024
- Episode Link
- https://rss.com/podcasts/homeestaterealty/1529314
LATEST INTEREST RATE NEWS | NORTHERN VIRGINIA | REAL ESTATE
The Federal Reserve has decided to leave the federal funds rate between 5.25 and 5.5. This is the same it's been since July 2023. They are serious about getting inflation down to 2%. The last consumer price index (CPI) report, which measures inflation, showed that inflation is steadily and slowly going down, which is good news. Here is our take on what this all means for the housing market.
