Interest rate cuts by the Federal Reserve may not make it easier to buy a house in San Diego

Описание к видео Interest rate cuts by the Federal Reserve may not make it easier to buy a house in San Diego

On the day of the Federal Reserve's interest rate cut, the financial markets’ reaction was insignificant. But today, the S&P 500 shot up 1.7%, and the Dow was up 1.3%. KPBS reporter Thomas Fudge tells us what was behind the surge and how it could affect San Diegans, especially those in the housing market.

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