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MNI INTERVIEW (RPT): Housing May Lead U.S. Into Recession NAHB

(MNI) Washington
WASHINGTON (MNI)

Fed could pull back interest rates after hitting peak earlier in 2023, NAHB chief economist says.

(Repeats article first published on July 21)

The U.S. housing market appears set to fall into a downturn and could lead the broader economy into a recession, but so far doesn't show signs of triggering wider financial instability, National Association of Home Builders chief economist Robert Dietz told MNI.

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(Repeats article first published on July 21)

The U.S. housing market appears set to fall into a downturn and could lead the broader economy into a recession, but so far doesn't show signs of triggering wider financial instability, National Association of Home Builders chief economist Robert Dietz told MNI.

Keep reading...Show less