Watch live as U.S. Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium. Read more: https://bit.ly/4mDHhZd
by confoundedinterest17 Yes, The Fed has a line on you! And will likely keep raising rates as inflation stays elevated. This means higher mortgage rates unless China slips into a deflation doom loop. Thanks in part to The Fed, housing affordability is at the lowest level since the 1980s. And we are seeing tail volatility in the …