Federal Reserve meeting minutes reveal that policymakers worry about a potential “substantial deterioration” in the housing market even as they voted to cut rates by a quarter point in September. Despite hopes of stimulating demand, officials noted persistent affordability issues and weak sales. Economists warn that rate cuts may not translate to lower mortgage rates, and inflation concerns remain elevated within the Fed.
Source: https://www.realtor.com/news/trends/fed-fomc-meeting-minutes-september-2025/
