Fed Chairman Powell: The US housing market is slowing down

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Fed Chairman Powell: The US housing market is slowing down

2022-06-24 00:37:30 6 ℃

[Federal Reserve Chairman Powell: The US housing market is slowing down] Financial Association June 23rd. Fed Chairman Powell said that the US housing market is getting rid of a very hot state and is slowing down.Compared with the impact of interest rate hikes, the impact of the shrinkage is minimal.With the normalization of the US economy, prices should also fall and return to normal.The intention of the Federal Reserve is to lower the United States inflation to 2%, while maintaining a strong performance of the employment market.