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Business economists endorse Federal Reserve policies
Existing home sales up due to thriving economy
FOX Business’ Deirdre Bolton says Millennials are buying tons of homes now that they’re reaching the typical home buying age. Nicholas Wealth Management president David Nicholas maintained that while it’s good home sales are going up, supply is going down, which means higher home prices.
Economists have a different view about the Federal Reserve's polices compared to President Trump.
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Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right.”
President Trump has attacked the Fed for not cutting rates more aggressively.
A survey by the National Association for Business Economics found that just 4 percent of economists consider the Fed's policies to be “too restrictive” — that is, that its benchmark short-term rate should be lower.