Recently, mortgage rates have reversed some of their increase since 2020, coming down from their late 2023 peak. Wendy Edelberg and Noadia Steinmetz-Silber explore what factors pushed up mortgage rates through 2023 and what has led to the partial reversal. The authors find that if thesefactors continue to unwind and long-term Treasury rates continue to decline, mortgage rates would also see further declines.
The U.S. presidential election’s most important state. “In 2024, all roads lead to Pennsylvania, the largest of the seven swing states. In all probability, the winner of the state will win the election.” William Galston looks at recent polls and key policy issues for the state’s residents.
Free trade and integration across Africa’s nations. The African Continental Free Trade Area (AfCFTA) aims to create one market across the 55 countries of the African Union, promising free movement of goods, services, investment, people, and cooperation. On the Foresight Africa podcast, Landry Signé, Francis Mangeni, and Andrew Mold discuss the status of AfCFTA.
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