The International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices have soared to unprecedented levels, creating challenges for prospective buyers. The Federal Reserve is experiencing internal disagreements about future interest rate policies and inflation management. Moreover, a decline in global oil demand is anticipated for the first time since 2020.

Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided…

The Federal Reserve’s rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes…