Democratic senators call on Fed to cut interest rates over high housing costs

Democratic senators call on Fed to cut interest rates over high housing costs

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Several Democratic senators urged the Federal Reserve on Sunday to cut interest rates, which they argue have “aggravated the country’s persistent crisis of housing access and affordability.” In a letter to Fed Chair Jerome Powell, Sens. Elizabeth Warren (D-Mass.), John Hickenlooper (D-Colo.),…

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