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Fed’s Hidden Rate Hike Push | Real Estate News
Fed minutes reveal more insiders favored a rate hike in July than thought, adding pressure on Chair Powell as mortgage rates stay high and home buying remains sluggish. Three regional bank presidents voted for a hike then, fueling internal tension. With inflation risks still upward but growth and jobs at stake, the Fed’s next move—likely before midterms—is now pivotal, pending upcoming inflation and jobs data. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public…
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