Inflation still above 2% target “so monetary policy needs to be tightened further,” board member Waller said
Average price to top $700,000 in 2024
Inflation, climate change, geopolitics will make food security a persistent challenge
Mild U.S. recession forecast to follow pullback in consumer, business loans
But core inflation was 5.6% in March
Demand exceeds supply but inflation expected to drop to 2% by 2024
Economists expect the central bank to sound hawkish on Wednesday while holding rates steady
Affordability may become an even bigger issue as housing starts lag immigration numbers
Equity issuance at lowest level since financial crisis; debt slumps too
Latest Federal Reserve data show small banks' deposits stabilizing