Inflation

Housing Industry News By Lloyd Segal, President of The Los Angeles County Real Estate Investors Association

Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years. After another dismal inflation report (see below), economists predict a full-percentage-point increase in the Fed’s benchmark…