Logan Mohtashami on jobs, mortgage rates and the Fed’s next move
HousingWire Daily
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The Housing Market Is a Recession Starting in June 16 2022
Sally Kohn: The Federal Reserve has made it clear for the last year that they don't care if they break housing. She says Powell's body language and the way he talked about housing when people said, but if rates go higher, production will fall. Kohn: This is a Federal Reserve that has actively opened a war against the labor market by saying that 4.5 to 4.7% is the target unemployment rate this year.
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