Interest Rates Inflation Rate Cuts Inflation Target Interest Rate Cuts Rate Hikes Benchmark Rate Inflation Targets Interest Rate Decisions Interest Rate Hikes Policy Rate Lending Costs Inflation Containment Rate Decisions Interest Rate Projections Soft Landing Policy Rate Increases Policy Rates Interest Rate Rate Unchanged Fed Chair Jerome Powell Progress Assessment Rate Increase Borrowing Costs Economic Momentum Central Bank Policy Makers Economic Indicators Core Inflation Bond Yields Economic Downturn Market Reactions Bond Buying Inflation Management Inflation Fighting Job Market Resilience Jerome Powell Interest Rate Rise Fed Officials Rate Increases Next Move Quantitative Tightening Inflationary Policy Adding Zeros
Home purchase and refinance activity fell 4% last week, reflecting ongoing economic uncertainty and high housing costs.