16 December 2022
Fifteen years ago, in the first quarter of 2007, U.S. housing prices were at an all-time high. The Fed was raising interest rates. After a series of rate hikes, the Fed funds rate reached 5.25%, its highest point in six years.
Fifteen years ago, in the first quarter of 2007, U.S. housing prices were at an all-time high. The Fed was raising interest rates. After a series of rate hikes, the Fed funds rate reached 5.25%, its highest point in six years.
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