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JPMorgan's Ward Predicts Fed Will Hold Steady in 2025 Despite Economic Signals
In a recent analysis, David Ward, an economist from JPMorgan Asset Management, conveyed his expectations for the Federal Reserve's monetary policy trajectory. He believes that the Fed is likely to maintain its interest rates at their current levels throughout the year 2025. This forecast comes amidst a complex economic backdrop characterized by mixed signals, including ongoing inflation pressures and fluctuating growth indicators.
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U.S. Homebuilder Confidence Soars to New Heights Amid Positive 2025 Projections
In a notable surge of optimism within the housing market, sentiment among U.S. homebuilders has recently reached its highest level in the past four months. As of October 2023, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) recorded an increase to 43 from 40, indicating a growing confidence among builders regarding the future of the home construction industry.
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