Market players are beginning to fear a major policy mistake on the part of the central bank

Market players are beginning to fear a major policy mistake on the part of the central bank

A screen shows the Fed rate announcement as a trader works (inset) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US central bank struck a hawkish tone last week on fighting inflation through monetary policy, but analysts are concerned about the potential…

Consumer confidence in the housing market is the lowest it has been in more than a decade

Consumer confidence in the housing market is the lowest it has been in more than a decade

A sign stands in front of a luxury home for sale in the Lake Pointe subdivision in Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market fell to its lowest level since 2011 as both potential buyers and sellers became more pessimistic, according to a monthly survey released Monday…