142: This may actually be the last Fed rate hike...
Episode description
We discuss how the Federal reserve's May 3rd, 25 basis point rate hike impacts the housing market, how inflation is driving the rate hikes and where interest rates have been and where they may go.
The Federal Reserve raised its key interest rate another quarter of a percentage point on Wednesday in its ongoing bid to crush inflation, but indicated it could pause the increases to assess the impact of monetary tightening on the U.S. economy.
The Fed's rate-setting body said it would raise its benchmark rate to a range between 5% and 5.25%, the highest level since 2007. The increase is the 10th straight interest-rate hike since last March in what has been the most aggressive rate-hiking regime since the 1980s.
This is a show for millennial first time home buyers looking to buy their 1st home and build generational wealth through real estate. Real estate is a way to build black wealth and close the wealth gap.
Banking Collapse, housing market impact: https://youtu.be/WAwjSkA8_zA
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