84: What does Jerome Powell/ Federal Reserve mean by a housing market reset? Is this like the 2008 crash
Episode description
In this week’s live episode, I discuss what Jerome Powell and the Federal Reserve means by a housing market reset. The Federal Reserve raised interest rates by 75 basis points in order to combat inflation with the goal to cool down the housing market with the goal to combat inflation. The accompanying YouTube video https://youtu.be/xHhQeepQauk
Sources of info. https://tradingeconomics.com/ https://fortune.com/2022/09/22/housing-market-federal-reserve-reset-through-difficult-housing-correction-home-prices/ https://finance.yahoo.com/news/3-charts-to-ease-fears-that-were-repeating-the-housing-bubble-morning-brief-100021048.htm
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