Fed’s Bowman: Current Interest Rate Likely Appropriate for ‘This Year’
Bowman told members of the Home Builders Association of Greater Kansas City their industry could look forward to a continued lift from low interest rates, a critical factor in the demand for new houses. “Low interest rates will continue to be a key factor supporting growth in housing activity,” Bowman said. The Fed’s current policy rate is …
News story posted on 2020-01-16T17:03:00.0000000Z
