SLOWEST Home Sales Since 2010! Will the Fed Keep Interest Rate Hikes on Pause?

20/10/2023 12 min Episodio 31

Listen "SLOWEST Home Sales Since 2010! Will the Fed Keep Interest Rate Hikes on Pause?"

Episode Synopsis

Thank you for listening to the 31st episode of "This Week's Economy," where I briefly recap and share my insights on key economic and policy news.

Please share thie episode on social media, and provide a rating and review. Also, subscribe and see show notes for this episode on Substack (www.vanceginn.substack.com) and visit my website for economic insights (www.vanceginn.com).

Today, I cover:

1) National: Economic uncertainty from dysfunction in Congress, home sales slide to the slowest since 2010, and Fed Chairman Jerome Powell indicates extended pause in interest rate hikes;

2) States: Texas continues to debate passing Universal School Choice, and data on California and New York's spending shows that increased state spending does not necessarily decrease poverty or improve schools, and;

3) Other: Recap of last week's excellent podcast with guest Ben Murrey from Independence Institute discussing the importance of maintaining Colorado's Taxpayer's Bill of Rights, and a sneak peek of my upcoming podcast episode with special guest Texas State Representative Brian Harrison.

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