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Tuesday, September 24, 2024

Expect home prices to fall another 10% in the US and across the world as interest rates stay high, top economist Kenneth Rogoff says

Home prices will drop by another 10% in the US and across the world in the next few years as interest rates stay high, Kenneth Rogoff has warned. The Harvard University economist shared his gloomy outlook during a Bloomberg interview on Tuesday at the World Economic Forum in Davos. He said the impact …

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