Friday, March 29, 2024

Finance News

US Median Housing Prices Exceeded $400,000

The median prices of housing across the U.S. last month exceeded $400,000 for the first time ever. House sales transactions plunged as mortgage rates soared along with the U.S. Federal Reserve's interest rate hike. The National Association of Realtors (NAR)...

The Urgency of Fed’s Interest Rates Hike

The Fed's rapid increase in interest rates is due to the worst inflationary pressure of the century, with the U.S. consumer price growth breaking its 40-year high. The U.S. Consumer Price Index (CPI) in May, released on the 10th, rose...

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