Fed officials debate rate cuts amidst economic uncertainty and political pressure. Powell emphasizes a cautious, data-driven approach, while others advocate for earlier action. Inflation and tariffs remain key factors.
Inflation and high mortgage rates impact the housing market. Experts discuss potential rate cuts, wage growth surpassing inflation, and the need to control costs amid economic uncertainty. Housing shortages persist.
UK housing market faces stamp duty changes impacting novice buyers. Rising inflation may curb price growth. North East sees highest price inflation. Affordability remains a key challenge for property purchases.
The Federal Reserve's next meeting is scheduled for July 30-31, but analysts don't expect the Fed to cut rates until September, said Lisa Sturtevant, chief economist for Bright MLS.
