Logan Mohtashami on Biden’s plan for housing and the Fed's next move
HousingWire Daily
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Analyzing the Fed's Monetary Policy and Impact on Housing Market
The chapter delves into the Federal Reserve's language regarding interest rates and its influence on the housing market, emphasizing the need for action amidst economic challenges. It analyzes Powell's remarks on labor market trends, inflation's effect on mortgage rates, and the desire for rate adjustments. The discussion also covers job growth data, economic stability concerns, and the daily monitoring of mortgage rates and market indicators.
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