JECohen analysis: 7% mortgage rates squeeze US housing activity, weigh on economy
Bitget2026/09/28 19:21- JECohen analysis flagged 7% mortgage rates as a material headwind for US housing activity, with broader spillovers to the economy.
- Higher borrowing costs were framed as constraining affordability, weighing on existing-home sales volumes, housing turnover, and related consumer spending.
- Rate sensitivity was positioned as a key macro variable for inflation expectations, with policy-path assumptions tied to Federal Reserve projections through Sept. 28, 2026.
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