Existing home sales fall in August to lowest level since 2020

Existing home sales fall in August to lowest level since 2020

The Wall Street Journal’s chief economics correspondent Nick Timiraos discussed the strategy surrounding the Fed’s supposed decision to fight inflation by potentially raising interest rates another 75 basis points ahead of their announcement on Wednesday. Existing home sales in the United States slowed for the seventh consecutive month in August, rising mortgage ratessoaring inflation and …

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