At the FOMC press conference on May 1, 2024, Jerome Powell announced the Fed would hold rates steady, citing stubborn inflation leading to a wait-and-see approach. This BAM article breaks down all of Powell’s remarks on housing inflation and market rents.
This week’s Hot Sheet recap includes updates on the Fed’s decision about rate hikes, what Jerome Powell had to say about the housing market, and other industry news covered by Byron Lazine for the week of June 12th – 16th.
Fed Chair Jerome Powell’s warnings, skyrocketing 10-year treasury notes, and the BeReal social media app are today’s topics as Tom Toole and Dan Oneil join Byron Lazine and The Broke Agent.
Byron Lazine and Nicole White sit down to discuss Opendoor selling at a loss, Zillow lawsuits, slipping stock futures, rising mortgage rates, and inflation’s impact on the midterm elections
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