Two economists have pointed out that the effectiveness of the Federal Reserve’s monetary policy has been impacted by mortgage market conditions since 2022. This analysis sheds light on the challenges faced by the central bank in navigating economic stability in the current environment.
Key points:
– Mortgage market conditions have affected the efficacy of Federal Reserve’s monetary policy
– Two economists have raised concerns over the impact of these conditions on economic stability
– This analysis highlights the complexities faced by the central bank in managing monetary policy in the current landscape
You can read this full article at: https://www.housingwire.com/articles/homeowners-with-ultra-low-mortgage-rates-saved-600b-offset-fed-hikes-swiss-re-institute/(subscription required)
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