Fed Split on December Rate Cut—Even as Housing Affordability Hits ‘Near Record Low’

Fed Split on December Rate Cut—Even as Housing Affordability Hits ‘Near Record Low’

Battle lines are being drawn at the Federal Reserve over an interest rate cut in December, as key policymakers stake out their positions both in favor and opposed to a cut. While a December cut was seen as a virtual certainty a month ago, financial and betting markets now rate the probability as a virtual … Read more