Starter homes now cost $1 million or more in 242 U.S. cities. In this episode of Everyday Economics, Chris Krug and economist Orphe Divounguy explain why home prices have skyrocketed, why the trend is spreading beyond the coasts, and how housing shortages, zoning restrictions, and mortgage rates are reshaping the market. Plus, why rent growth is finally slowing in some cities and what it means for affordability.

#HousingMarket #RealEstate #StarterHome #HousingCrisis #MortgageRates #HomePrices #Rent #Economy #EverydayEconomics #TheStates

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Is the Federal Reserve preparing to raise interest rates? In this episode of Everyday Economics, Chris Krug and economist Orphe Divounguy break down new Fed Chair Kevin Warsh's first meeting, the latest Fed statement, the dot plot forecast, inflation concerns, and what it all means for interest rates, jobs, consumer spending, and the U.S. economy. Learn why Fed officials are divided and what could happen next for inflation and rate policy.

#FederalReserve #InterestRates #Inflation #Economy #FedChair #KevinWarsh #EverydayEconomics #TheStates #EconomicNews #FedMeeting

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In this episode of Everyday Economics, we examine the growing squeeze on the American household as inflation pressures, rising energy prices, and higher interest rates all collide at once. Oil shocks near the Strait of Hormuz, tariff-driven price increases, and rising borrowing costs are putting pressure on businesses and consumers alike — while the Federal Reserve faces increasingly difficult choices under new Chair Kevin Warsh. 📉 In this episode: 🔹 How energy prices and tariffs are squeezing household spending power 🔹 Why businesses are being forced to choose between smaller profits or higher prices 🔹 What “margin compression” means for hiring, wages, and investment 🔹 Why mortgage rates and Treasury yields are climbing again 🔹 How inflation acts like a hidden tax on American families 🔹 Why the Fed may be running out of “clean” policy options We also break down the concept of “demand destruction,” why real disposable income is flattening, and what higher gas and grocery prices could mean for the broader economy in the months ahead. As always, Everyday Economics cuts through the headlines to explain what today’s economic shocks mean for your wallet, your job, and the future direction of the U.S. economy. ____________

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