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Retrieved on: 2024-09-19 18:08:14
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Summary
The article discusses Jerome Powell’s views on the persistent housing crisis in the U.S., highlighting that while the Federal Reserve can influence mortgage rates, it cannot solve the underlying issues of housing supply and policy failures dating back to prior administrations. The key concept and tags ground the discussion in economic history, focusing on the impact of presidential terms, policy decisions, and financial crises on the current housing market.
Article found on: fortune.com
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