“Yes or No” question: "We could have called this?"
Fed Chair Jerome Powell flexed his muscles on Capital Hill this week, making markets go haywire yet again. But did he say anything new… really? We walked away with four key takeaways:
1. Fed won’t rescue US from debt ceiling crisis
2. Fed is eyeing more rate hikes
3. Powell acknowledges potential job losses
4. Powell says US dollar’s dominance isn’t threatened
All these questions and more are answered in this edition of Today in Mortgages.
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