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⚠️⚠️⚠️#fed #federalreserve #jeromepowell ⚠️⚠️⚠️
Jerome Powell JUST reset market expectations not only over inflation expectations but also over inflation expectations and the course of rate hikes. Jerome Powell also suggested the housing market will face a "correction" and a "difficult correction" with declines exceeding 20%. This FOMC meeting was a disaster though: It broke our faith in inflation expectations, it broke the housing market, and it just reset expectations for higher-for-longer rate hikes. Inflation is a horrible evil.
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.
⚠️⚠️⚠️#fed #federalreserve #jeromepowell ⚠️⚠️⚠️
Jerome Powell JUST reset market expectations not only over inflation expectations but also over inflation expectations and the course of rate hikes. Jerome Powell also suggested the housing market will face a "correction" and a "difficult correction" with declines exceeding 20%. This FOMC meeting was a disaster though: It broke our faith in inflation expectations, it broke the housing market, and it just reset expectations for higher-for-longer rate hikes. Inflation is a horrible evil.
This is not a solicitation or financial advice. See the PPM at https://Househack.com for more on HouseHack.
📝Contact Information for Kevin & Liability Disclaimer: http://meetkevin.com/disclaimer
Videos are not financial advice.