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As long as inflation is low it gives mortgage tilt improving affordability index.
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U.S. stocks extend slide, one day after Fed’s rate hikeU.S. stocks retreat to fresh lows Thursday, following the final Federal Reserve decision of 2018. The Dow is currently down about 1,500 points from the day Trump signed the tax bill, almost exactly a year ago. That’s a decline of about 6% from this time last year. And in the meantime, the deficit has soared.
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