Alex Wong/Getty Inflation suddenly looks like it could be making a comeback, and a very loose fiscal policy could amplify that. Many Wall Street commenters and even some Fed members now think the central bank could raise interest rates more quickly than expected. That could have a huge impact on the housing market if mortgage rates quickly rise. It didn’t take long for rate-hike expectations to be jostled further by last week’s “monster” two-year budget bill that Congress passed with its...
Alex Wong/Getty Inflation suddenly looks like it could be making a comeback, and a very loose fiscal policy could amplify that. Many Wall Street commenters and even some Fed members now think the central bank could raise interest rates more quickly than expected. That could have a huge impact on the housing market if mortgage rates quickly rise. It didn’t take long for rate-hike expectations to be jostled further by last week’s “monster” two-year budget bill that Congress passed with its...
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