Global Markets Brace for Policy Shifts Amidst Political Gridlock and Evolving Financial Landscapes
Stock Market News·2025-10-07 06:08
Key TakeawaysThe U.S. housing market faces scrutiny as the Director of Federal Housing reports that the top three homebuilders are responsible for over $20 billion in Fannie Mae loan purchases, while President Trump urges mortgage giants to stimulate the sector amidst claims of 2 million empty lots.Federal Reserve officials, including Kansas City Fed President Jeffrey Schmid, maintain a cautious stance on monetary policy, noting stable labor conditions and expressing confidence in the U.S. Dollar's (USD) en ...