Recession fears grow as Dow closes below 30,000 and mortgage rates spike

Jun 16, 2022 |

Financial markets shuddered Thursday as they adjusted to the Federal Reserve’s latest attempts to address inflation. The stock market fell sharply and mortgage rates continued to spike, ensuring that the central bank’s actions will be felt by investors and homebuyers across the United States. The two developments could prompt Americans to pause spending and lead […more]

Posted in: San Francisco

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