The Washington Post

@washingtonpost ↗

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Last Checked Feb. 12, 2023

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Sat Dec 31 17:43:15 +0000 2022

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The Washington Post @washingtonpost

The run-up in borrowing costs has had a chilling effect on the housing market. Sales have fallen and construction of single-family homes is at its lowest level since May 2020. In parts of the country, the soaring home prices appear to have stabilized. https://t.co/EZQb9f2oqZ https://t.co/MXJnVXhscH — PolitiTweet.org

Posted Dec. 31, 2022 Hibernated

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The Washington Post @washingtonpost

In its effort to combat skyrocketing prices, the Fed has raised interest rates seven times in the past year. Although the central bank controls just one interest rate, its actions have an almost immediate impact on all types lending. https://t.co/EZQb9f2Wgx https://t.co/EK4XjRs6lU — PolitiTweet.org

Posted Dec. 31, 2022 Hibernated

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The Washington Post @washingtonpost

So what’s next for the economy? As economists remain divided about whether a recession is imminent, take a look at where things stand: https://t.co/EZQb9f2oqZ — PolitiTweet.org

Posted Dec. 31, 2022 Hibernated