The United States set a record for the longest economic expansion this month, but it’s not expected to go on for much longer. Indeed, the next recession will likely begin in 2020, according to a panel of housing experts and economists. The Zillow Home Price Expectations Survey, conducted quarterly by Pulsenomics LLC, asked more than […]
Federal Reserve Move May Reduce Interest Rates Further
The Federal Reserve is to try a new strategy in its attempt to reduce business and consumer borrowing costs and encourage economic growth in the U.S., in spite of Republican pleas not to expand its stimulus program any further, reports the New York Times. Last Wednesday the Federal Reserve said that over the next nine […]