Economic Growth Again Revised Downward Due to Supply Chain and Inflation Concerns
Mortgage Rates Expected to Rise Slightly in 2022 as Fed Gradually Removes Monetary Accommodation Global supply constraints continue to cap economic output amid growing inflationary and consumer-spending concerns, according to the October 2021 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. For the third consecutive month, the ESR Group revised downward its full-year 2021 real gross domestic product (GDP) growth projections from 5.4 percent to 4.9 percent due to its
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