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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 by PBS   Print publication without navigation

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

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/ ]

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