4706 Outlook

Economic Outlook: September 24, 2021

Sep 24, 2021  | Ep4706

Federal Reserve Chair Jerome Powell indicated this week he could start pulling back on bond purchases as soon as November. 

The buyer may finally be hitting pause as the rate of existing home sales fell 2 percent in August. The inventory also shrank while median prices increased for the 114th straight month. 

New home sales increased over July - but the rising prices are starting to sideline potential buyers of new units.  

Benchmark U.S. natural gas prices are the highest since 2014. Tight supplies and strong export demand have impacted the marketplace.

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