Today’s News Synopsis:

 

Fed officials reinforced this likely stance in a series of comments in late August and the first week of September, indicating they were prepared to pause on a new hike this month as they take more time to digest data that suggests inflation is cooling.

In The News:

 

Yahoo Finance– “Fed expected to hold rates steady while keeping door open to more hikes” (9-18-2023)

“Federal Reserve officials are likely to hold interest rates steady when they conclude their policy meeting this Wednesday, economists and analysts said, but they are also expected to keep the door open for at least one more hike”

House Beautiful – “How much does a home inspection cost?” (9-18-2023)

“The total home inspection cost includes not just the fee the inspector charges but also the expense of any necessary repairs they find. Still, a home inspection can actually save you money—and be a breeze if you approach it prepared.”

Economist -“Resumption of Student Loan payments will hit American Growth” (9-14-2023)

“Sitting on $1.6trn of debt owed to the government, borrowers of student loans have enjoyed a break from both repayments and interest since March 2020. The holiday is now over. Interest on student loans started to accrue again this month; repayments will resume in October. Given that there are about 43m borrowers, this will drag on the American economy.”

Yahoo Finance– “The rental market is softening fast in some regions” (9-18-2023)

“While asking rents are near their all-time high, tenants in some parts of the country are finding deals,” Redfin’s data journalist, Lily Katz, wrote in a report published last week. “With vacancies on the rise, some landlords are doling out one-time discounts to attract renters while maintaining high asking rents on paper.”