Bessent says US housing market in 'recession' due to Federal Reserve interest rate policies

foxbusiness.com/economy/bessent-says-us-housing-market-recession-due-federal-reserve-interest-rate-policies

Treasury Secretary Scott Bessent said that the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.
Bessent said in an appearance on CNN that he thinks "we are in good shape, but I think…

This story appeared on foxbusiness.com, 2025-11-04 20:39:05.
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