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Powell makes it clear: No rate cuts anytime soon

Housing Wire

Today, Federal Reserve Chairman Jerome Powell made statements at the Washington Forum that indicate there will be no rate cuts anytime soon because the economy and the labor market are too strong with sticky inflation. ” The Fed believes the labor market has been too firm, and wages have been growing too fast. .”

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Study: Houston Real Estate And Inflation

Houston Properties

While the Fed has started raising interest rates, there’s no sign of inflation slowing down any time soon. In addition, we’ve included information on why it’s likely Houston should continue to benefit from population growth and a strong economy. The #1 predictor of future real estate prices is job growth.