BUSINESSWTOP DC
America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
Fed officials are divided on whether US inflation will remain elevated or decline post-Iran war, while US home prices reached an all-time high in June. The IMF revised down global economic growth forecasts for 2026 to 3%, citing energy shocks, though AI investments are partially offsetting impacts. US home sales slowed but prices rose 1.8% annually to $440,600.
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- US home prices hit an all-time high as sales slow and mortgage rates rise
- US home prices hit an all-time high as sales slow and mortgage rates rise
- US home prices hit an all-time high as sales slow and mortgage rates rise
- UK house price inflation rises as falling energy costs soften interest rate expectations