USA Politics
Housing has been the No. 1 contributor to still-high inflation in the U.S. The latest existing home sales report provides the keys to understanding whether the economy is slowing down or starting to pick up steam. The report also gives us the latest update on how the Fed’s rate increases are affecting the economy. We’ll unpack the home sales data along with leading economic indicators and initial jobless claims data.Credit Dion Rabouin | WSJ