Logan Mohtashami: Powell’s remarks bode well for lower mortgage rates
HousingWire Daily
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Federal Reserve Chairman Powell's Views on Inflation and Monetary Policy
Discussion on Powell acknowledging past errors in underestimating inflation post-COVID, supporting higher rates in early 2021, Federal Reserve's cautious approach, and focus on labor market concerns. Analysis of Powell's recent positive remarks on economic confidence, inflation reports, maintaining balance in interest rates, and potential hints at a rate cut in the future.
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