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Housing falls, the yen splutters, supply chain breathes : The Indicator from Planet Money : NPR

An 'open house' flag

Allison Dinner/Getty Images

An 'open house' flag

Allison Dinner/Getty Images

This week, the U.S. Federal Reserve hiked up interest rates again. Today, we learn about the ripple effects of central bank hikes.

Like when interest rates go up, that means mortgage rates rise and the housing market slows. Also, the Japanese yen’s slumping meant the government intervened to prop it up. Also, global supply-chain pressures are easing. All on indicators of the week.

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