Home prices may pick up speed after the Fed cuts rates with 88% of the housing market still overvalued, Fitch says

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home sales

(Left) Kevin Dietsch/Getty Images, (Right) Getty Images

The vibecession is over

Tech Insider : Economy
Federal Reserve Chair Jerome Powell
The personal consumption expenditures price index fell 0.1% in November from October.

Kevin Dietsch/Getty Images

The 'Home Alone' family would have been one-percenters, Fed economists have calculated

Tech Insider : Economy
home alone 2 movie
"Home Alone's" 8-year-old hero, Kevin McCallister, defends his family's home from burglars when they accidentally leave him at home alone over the holidays.

20th Century Fox

Rates on the most popular US home loan drop to the lowest in 6 months

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A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

Lance McMillan/Getty Images

The Fed is bad at communicating and it's confusing people, says El-Erian

Tech Insider : Economy, Economy
Economist Mohamed El-Erian (left) and Federal Reserve Chair Jerome Powell headshot composite.
Economist Mohamed El-Erian and Federal Reserve Chair Jerome Powell.

Felix Hörhager/picture alliance/Getty Images and Chip Somodevilla/Getty Images

Slashing interest rates won't reignite inflation - and delaying could spark a recession, Nobel economist Paul Krugman says

Tech Insider : Economy, Economy
paul krugman conference
Paul Krugman.

Arun Sharma/Hindustan Times via Getty Images

A top Fed official warns markets have gotten ahead of themselves in their enthusiasm for rate cuts in 2024

Tech Insider : Economy
loretta mester
Cleveland Fed President Loretta Mester

Rob Kim

'The great disinflation' will set the stage for 5 Fed rate cuts in 2024, Goldman Sachs says

Tech Insider : Economy, Economy
FILE PHOTO: Federal Reserve Chair Jerome Powell speaks during a press conference in Washington, U.S., December 13, 2023. REUTERS/Kevin Lamarque/File Photo
Federal Reserve chair Jerome Powell spoke at a press conference in Washington, DC on December 13.

Kevin Lamarque/Reuters

Elite investor Grant Cardone predicts a historic real-estate slump will slash office and apartment values to bargain levels

Tech Insider : Economy, Economy
grantcardone
Grant Cardone.

Grant Cardone

Billionaire investor David Rubenstein says he doesn't think there'll be a recession in the next few quarters even amid the Fed's rate cut signal

Tech Insider : Economy, Economy
David Rubenstein, co-founder and co-chairman at Carlyle Group.
David Rubenstein, co-founder and co-chairman at Carlyle Group.

Julia Ewan/Washington Post/Getty Images

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