Inflation and the Federal Funds Rate

LATEST INTEREST RATE NEWS | NORTHERN VIRGINIA | REAL ESTATE The Federal Reserve has decided to leave the federal funds rate between 5.25 and 5.5. This is the same it's been since July 2023. They are serious about getting inflation down to 2%. The last consumer price index (CPI) report, which measures inflation, showed that inflation is steadily and slowly going down, which is good news. Here is our take on what this all means for the housing market.

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This episode was published on June 18, 2024.

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