Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems preventing them from bringing more housing supply.

After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing costs, and how fast.

The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its inflation target. Learn more about the economic implications, market reactions and future projections.