NTD Business (Nov. 1): Federal Reserve Holds Interest Rates; National Association of Realtors Liable to $1.8 Billion Fine

Don Ma
By Don Ma
November 1, 2023NTD Business
share

The Fed held rates steady but left the door open to a further increase in a policy statement that pointed to the U.S. economy’s surprising strength, but nodded to tighter financial conditions faced by businesses and consumers.

A Missouri jury on Tuesday found the National Association of Realtors, a real estate industry trade group, and some residential brokerages liable for nearly $1.8 billion in damages after determining they conspired to keep commissions for home sales artificially high.