Federal Reserve Chair Jerome Powell used the word “uncertainty” several times during the FOMC press conference. Housing came up twice, with reporters more focused on tariffs and the economy. Here’s what that means for housing and real estate professionals.
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.
Federal Reserve Chair Jerome Powell’s insights on housing supply and the mortgage lock-in effect during the FOMC press conference.
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