St. Louis Real Estate Blog
17
Aug
“The economy is growing slowly, but Wyss says, for most people a slower growth rate is a good thing. It should encourage the Federal Reserve to stop raising interest rates. Once the Fed stops boosting rates, it typically waits for about seven months and then starts cutting rates.”
“But the fact is, the index is still where it was about a year ago. We’re probably in for a soft landing rather than a hard landing in the economy.”
“The economy is cooling but isn’t likely to stall out,” Goldstein said.
