Interest Rates Labor Market Job Market Monetary Policy Rate Cuts Rate Cut Reduction Benchmark Rate Bond Yields Main Interest Rate Inflation Settling Progress Assessment Benchmark Borrowing Rate 2% Target Economic Stability Supply and Demand Consumer Price Index Housing Market Housing Rate Cut Expectations PCE Report Interest Rate Cuts Wage Growth Policy Interest Economic Conditions Economic Data Soft Landing
The Federal Reserve's decision to pause rate hikes offers relief to homebuyers, but affordability challenges persist.