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The spoilsport’s guide: How the financial crisis can ruin your life – POLITICO


The spoilsport’s guide: How the financial crisis can ruin your life – POLITICO

“Usually they say it’s not an issue for us … but then every three to six months we find out we can’t escape,” said ING’s Brzeski. A recession in the US would make the European Central Bank’s already “overly optimistic” growth forecasts “obsolete,” he said. However, if ECB President Christine Lagarde were asked about the […]

Federal Reserve: Good news for US homebuyers: Prices have just fallen the most in two years, mortgage rates could fall further


Federal Reserve: Good news for US homebuyers: Prices have just fallen the most in two years, mortgage rates could fall further

Housing prices continue to fall, which can be seen as another example of the downward trend in the US economy. Although the real estate sector has been stagnant for two years and housing prices are falling, this is the sharpest drop in two years. According to Market Insider, lower demand has led to price cuts […]