Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market

Fed Chair Jerome Powell Says a 'Difficult Correction' Should Balance US Housing MarketFollowing the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a bandage on the financial wounds inflicted by Mainstreet business shutdowns and deadlocked supply chains. In fact, after the pandemic, America’s housing market boomed […]
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Author: toutiao