Harvard profession Martin Feldstein says the Fed can’t use monetary policy to affect the current economic climate, meaning any recession will likely be a protracted event for the U.S. economy.
Is the Fed Powerless Amid Housing Downturn?
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Housing market data positive despite Powell’s Grinch act
Fed Chairman Jerome Powell played the Grinch last week, but there are plenty of positive signals in the housing market data headed into 2025.
