Surging US mortgage rates could rise well above the critical 7% threshold in the wake of another alarming inflation report for September, according to a prominent economist. Federal data released … Read More
US inflation surged 8.2% in September — a steeper-than-expected increase as stubbornly high rent and food costs look poised to ensure another sharp Federal Reserve interest rate hike next month. … Read More
US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate … Read More
A downturn in US home sales and prices is likely just beginning, a prominent economist warned on Thursday. Ian Shepherdson, the chief economist at Pantheon Macroeconomics, said in a note … Read More
US home prices are on the cusp of a major correction due to “cratering” demand among cash-strapped buyers, a prominent economist warned in a note to clients on Tuesday. Ian … Read More
