Democratic senators call on Fed to cut interest rates over high housing costs
Jan 30, 2024
Several Democratic senators urged the Federal Reserve on Sunday to cut interest rates, which they argue have “aggravated the country’s persistent crisis of housing access and affordability.” In a letter to Fed Chair Jerome Powell, Sens. Elizabeth Warren (D-Mass.), John Hickenlooper (D-Colo.), Jacky Rosen (D-Nev.) and Sheldon Whitehouse (D-R.I.) said the central bank’s
China to increase credit support for rental housing market – c.bank
Jan 6, 2024
China will increase its credit support for the development and construction of rental housing, the central bank and the financial regulator said in suggestions on how to support the rental market issued on Friday. China will support commercial banks in issuing financial bonds
