Thirty percent of U.S. adults say it is a good time to buy a house, down 23 percentage points from a year ago and the first time the figure has been below 50% in more than 40 years, according to a new report from Gallup.Â
The Federal Reserve is poised this week to accelerate its most drastic steps in three decades to attack inflation by making it costlier to borrow—for a car, a home, a business deal, a credit card purchase.
Executives at some of the country’s biggest retailers, manufacturers and consumer-products makers say they are seeing signs that people are becoming less willing to absorb price increases, The Wall Street Journal reports. Â