U.S. News

2228 readers

14 users here now

News about and pertaining to the United States and its people.

Please read what's functionally the mission statement before posting for the first time. We have a narrower definition of news than you might be accustomed to.

Guidelines for submissions:

Post the original source of information as the link.
If there is a paywall, provide an archive link in the body.
Post using the original headline; edits for clarity (as in providing crucial info a clickbait hed omits) are fine.
Social media is not a news source.

For World News, see the News community.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 1 year ago

MODERATORS

[email protected]

'The time has come' to lower interest rates: Fed Chair Jerome Powell [NPR] (www.npr.org)

submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] altima_neo 6 points 2 weeks ago

Nah, people are screwed. There's no way new home buyers can reasonably afford a home right now. Home prices skyrocketed to the point where no one can save for a down payment.