At the NABE annual meeting, Fed Chair Jerome Powell signaled smaller, measured rate cuts for the remainder of the year, while addressing the persistent challenge of housing inflation.
At yesterday’s FOMC press conference, Fed Chair Jerome Powell announced a 50 basis point cut to the federal funds rate, the first reduction since COVID. Here’s a breakdown of his statements about housing.
At yesterday’s FOMC press conference, Fed Chair Jerome Powell hinted at a rate cut in September. Here’s a breakdown of his statements about housing.
Fed Chair Jerome Powell spoke before the House Financial Services Committee on July 10, 2024. We’re focusing on Powell’s statements in discussions related to housing, as well as Maxine Waters’ opening remarks on the subject.
Housing affordability took center stage at yesterday’s Senate Banking Committee hearing with Fed Chair Jerome Powell. Discover the main takeaways and quotes from the discussion on the housing market and its economic impact.
Following the June 11-12 FOMC meeting, Fed Chair Jerome Powell summed up the results at the press conference. He reiterated the Committee’s decision to maintain the current federal funds rate and signed only one rate cut by the end of 2024.
According to a new Redfin report, home prices are not falling in any U.S. metro for the first time since July 2022. In related news, the national median monthly mortgage payment climbed 15% year over year, reaching an all-time high.
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.
At the FOMC press conference on March 20, 2024, Jerome Powell gave an opening statement and answered questions from reporters. Here we include questions and comments related to the housing market.
This week in BAM (January 29–February 2, 2024) brings Jerome Powell’s latest comments on housing, portal wars heating up, a Ryan Serhant interview, a script for reviving neglected leads, the 6 biggest video mistakes, and more
During the FOMC press conference on January 31, 2024, Jerome Powell directly addressed questions regarding housing price inflation and Senator Elizabeth Warren’s letter to the Federal Reserve.
In a letter to Fed Chairman Jerome Powell, Senator Elizabeth Warren and three other Democratic lawmakers express concerns that high interest rates have worsened the country’s housing access and affordability crisis.
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