What changes are occurring in the housing market as a result of the interest rate hikes?
The Real-Life Impact Of The Federal Reserve Hike
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The video discusses a significant increase in federal interest rates from 0-0.25% to 2.25-2.5%, aiming to curb inflation by reducing demand. This hike impacts the housing market, giving remaining buyers more negotiation power. Future rate hikes are anticipated, but the Federal Reserve may slow the pace, which has positively influenced the stock market.
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What did Carol Powell say about future interest rate hikes?
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