Fed Sees Tariffs Raising Inflation, But Keeps Key Rate Unchanged
Central bankers also took steps that could drive down mortgage rates as the spring housing market opens.
Northeast Homebuilder Confidence an Outlier Amid National Dip
Nationwide homebuilder confidence hit the lowest level in seven months, according to the industry’s biggest trade group. But builders in the Northeast are notably more optimistic.
‘Stagflation’ Risk Puts Fed in Tricky Spot as It Meets This Week
When Federal Reserve officials last met, hiring was solid. The economy had just grown at a solid pace in last year’s final quarter. And inflation had fallen sharply. What a difference seven weeks makes.
New England Continues to See Inventory Drop
Heading into the spring home-sales market, inventory in New England’s biggest metro areas had fallen even further behind last year.
Storrs Development Site Acquired for Big Student Housing Project
A 1.56-acre site near the main University of Connecticut campus in Storrs could soon become home to over 700 students under plans announced by a Georgia housing developer.
