Bessent Suggests US Already in Housing Recession, Calls for Lower Interest Rates

‘If the Fed brings down mortgage rates, then they can end this housing recession,’ the US Treasury secretary said.

Nov 3, 2025 1

Bessent Suggests US Already in Housing Recession, Calls for Lower Interest Rates
‘If the Fed brings down mortgage rates, then they can end this housing recession,’ the US Treasury secretary said.
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