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Surveillance: Growth Acceleration with Dutta

Bloomberg Surveillance

00:00

Do You Think the Fed's Not Going to Raise Rates?

The housing market is the one area where the Fed's policies has gotten a lot of traction. Now interest rates have come down a little bit and that's unlocking some activity. The fact that they're signing the contract knowing what the rates are is a sign of confidence in and of itself. So I think if the Fed pauses, rates come in, yeah, residential investment's not going to be as much of a drag In Q2 of next year as it is at this very moment.

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