FROM 50% TO 15% Jerome Powell's Refusal to Cut Rates is Crushing Americans Marriages

Jerome Powell's high interest rates mean high mortgage rates, which means homeownership is out of reach, which means couples delay marriage and having children all because the Fed refuses to lower interest rates. The last time rates were this high, inflation was 6.5%. Today, inflation is 1.9%. Why haven’t rates come down?

When my dad was growing up in the 1960s, 50% of 30-year-olds were married *and* owned a home. Today, only 15% are married and own a home. That’s the most important—and the most depressing—economic statistic in America.