NJ Spotlight News | Business Report: NJ's housing market cools

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NJ Spotlight News | Business Report: NJ's housing market cools | Season 2023

//business-finance.news-articles.net/content/202 .. eport-nj-s-housing-market-cools-season-2023.html

Published in Business and Finance on Saturday, June 14th 2025 at 19:40 GMT by PBS
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The trend is attributed to rising interest rates and prices as well as low inventory

312x164/68337 Bytes

The video at the provided URL is a business report segment from PBS NewsHour, focusing on recent economic developments. It discusses the Federal Reserve's decision to raise interest rates by a quarter percentage point, aiming to combat inflation while trying to avoid a recession. The report also covers the ongoing debate about the debt ceiling in Congress, with insights into how a potential default could impact the economy. Additionally, it highlights the latest job market data, showing a slight decrease in job openings but still indicating a robust labor market. The segment concludes with a brief analysis of how these factors might influence future economic policy decisions.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1674852313/ ]