US Treasury Secretary Bessent said core inf has not risen and all indicators are unchanged.
US Treasury Secretary Bessent said core inf has not risen and all indicators are unchanged.
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U.S. homebuilding drops as mortgage rates stay elevated
U.S. residential starts fell 12.4% in July to a 1.239 million annualized pace, below Reuters’ 1.35 million estimate, as higher Treasury yields keep mortgage costs elevated.