Ruthie Rocks & Teaching Jim Audio Experience - Las Vegas Market And Rising Interest Rates🙄

Real Estate News:

Today, we will be talking about Interest rates on how does it affect the industry. The article we featured stated that.

Having wound down its $120 billion in monthly purchases of mortgage-backed securities and treasurys. the FED has signaled that it wants to start letting those assets run off its books. Powell reiterated Monday that the FED might decide to start shrinking its balance sheet as soon as its next meeting in May, "though that is not a decision we have made"

The Trick for the Fed is to tighten monetary policy enough to lower inflation, without causing a recession, he said.

The Fed is currently projecting "a soft landing" for the economy, Powell said. "with inflation coming down and unemployment holding stead. Growth slows as the very fast growth from the early stages of reopening fades, the effects of fiscal support wane, and monetary policy accommodation is removed.

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