Powell predicts a time when mortgages will be impossible to get in parts of US
A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said Tuesday in testimony before Congress.
Bank of America resets interest rate cut forecast after inflation shocker
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Market holds steady despite inflation surprise, though it comes at key time for Powell
The higher than expected inflation number for January came during during Fed chairman Jerome Powell's semiannual testimony before Congress.