Fed's Bowman: Residential real estate appears to be rebounding – by eren_fxstreet Fed CentralBanks
"The residential real estate market appears to be rebounding," Federal Reserve Governor Michelle Bowman said on Wednesday and added the levelling out of home prices will have implications for the Fed's fight to lower inflation, per Reuters.
"The pandemic-related surge of homebuilding and renovation has moderated but it's important to understand the long-term impact on family formation, housing demand," Bowman further elaborated.These comments don't seem to be having a noticeable impact on the US Dollar's valuation. As of writing,Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Drone attack damages residential buildings in Moscow, mayor saysSeveral drones struck Moscow early on Tuesday, damaging buildings in the Russian capital, according to state media.
Consulte Mais informação »
Drones strike Moscow in first attack on capital's residential areas since the war beganThe strikes caused damage to some buildings and forced residents to evacuate homes, local officials said Tuesday, as Kyiv was hit by the latest deadly Russian bombardment.
Consulte Mais informação »