FOMC: Words not actions fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
For the U.S., pre-pandemic, both aging population and debt held down economic growth (the last up cycle was the slowest in the post-WWII era) and inflation. While we are currently returning to a pre-pandemic economy, we see nothing that has fundamentally altered the pre-pandemic economic scene.
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By Nicole Friedman Prices for new and previously owned U.S. homes are surging, as strong demand continues to overwhelm the housing supply. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 13.2% in the year that ended in March, up from a 12% annual rate the prior month. March marked the highest annual rate of price growth since December 2005. Also on Tuesday, the Commerce Department said the median price of a new home sold in April was $372,400, up 20.1% from a year earlier, the strongest annual gain since 1988.
Biden Is Being Hailed As An Economic Success For Helping To Cause Rampant Inflation And Widespread Shortages – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.