High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell - CNBC

Fed chair Jerome Powell says that high housing prices are a supply problem that the Central Bank can't fix.

By: CNBC

Sep 20 2024
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For many Americans, elevated home prices have put homeownership out of reach. They received some relief on Wednesday when the Federal Reserve cut interest rates by 50 basis points, which will lower … [+2355 chars]

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