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The Biden administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.
“Buyers and sellers both typically take a step back in the fall, but mortgage rates now near 8% are cooling the market faster than normal,” says Jeff Tucker, a senior economist at Zillow.
A closely-watched gauge of inflation improved slightly in September, according to Commerce Department data released Friday morning.
A closely-watched gauge of inflation improved slightly in September, according to Commerce Department data released Friday morning.
A closely-watched gauge of inflation improved slightly in September, according to Commerce Department data released Friday morning.