Housing Market Is Broken - The FED Isn't Going To Rescue It This Time

Housing market is broken - the fed isn't going to rescue it this time. I know many are saying the FED will pivot and fix the housing market. What if the fed stops responding to the market? What if to fight inflation the fed is no longer accommodating the markets?

▶ VIDEO NOTES

Housing Market Could See Further Fallout From Fed’s Inflation Fight.

Federal Reserve Chair Jerome Powell views the U.S. housing market as “very overheated” after the pandemic, and he believes supply and demand need to get back into balance.

Powell spoke at a November 2 press conference as the U.S. Federal Reserve Committee, which he chairs, raised rates by 0.75 percentage points to fight surging inflation. That could raise mortgage costs further after they have already risen substantially in 2022. Powell’s actions and comments were not positive for housing.

Fed Put?

Powell made clear that his main concern is managing inflation, and if anything, rather than looking to support asset valuations such as housing, stocks and bonds, Powell is far more focused on driving inflation lower. There’s not much evidence of the “Fed put” today, which is the market term for how the Fed would step in and perhaps look to cut rates if stock valuations fell sharply. That may be bad news for housing, too.

Powell may believe that lower asset valuations may be part of the solution to lower inflation currently, rather than a problem the Fed is seeking to remedy.

Given that rates may rise higher still over the coming months, that is not necessarily good news for the housing markets. We should note of course that future rate expectations are typically embedded in mortgage costs, so the Fed raising rates in line with market forecasts won’t necessarily cause longer-term mortgage rates to correspondingly rise too much.

Click here to read the Forbes article - https://www.forbes.com/sites/simonmoore/2022/11/02/fed-chair-calls-housing-market-very-overheated/?sh=1f158173dcbf

▶ PERSONAL DEVELOPMENT ◀

▶ BestSelf
Your Best Self is Calling
Tools to help you think bigger, achieve more, and
make meaningful connections.
Click here to learn more https://bit.ly/RBBestSelf

▶ SKILLSHARE
Get One Free Month of Skillshare
Explore thousands of hands-on creative classes.
Click the link to learn more - https://bit.ly/RBSkillShareOffer

▶ COACH TRAINING ALLIANCE
Become a Certified Life Coach with paying clients
and a growing practice - in just 6-months. International
Coach Federation (ICF) Approved Coaching Certification Program
Click the link to learn more - https://bit.ly/RBCoachTraining

▶ PERSONAL FINANCE ◀

▶ PERSONAL CAPITAL
Award-Winning Personal Finance Tools
Click on the link to learn more - https://bit.ly/RBPersonalCapital

Get Your Retirement Planner™ that finds hidden fees. - https://bit.ly/RBRetirementPlanner

▶ RC Bullion
Step One for Protecting Wealth During Turbulent Times Like These:
Invest in Gold & Silver!
Click here to learn about RC Bullion - https://bit.ly/RBRCBullion

▶ CHIME
We're changing the way you feel about money
Join the millions of members on Chime and feel good about your finances.
Click here to learn about chime - https://bit.ly/RBChime

▶ ABOUT THE CHANNEL

Ric Bender; Empowering Prosperity :
Exploring trends shaping local and global economies.
Subscribe - https://www.youtube.com/c/RicBender

▶ CONNECT WITH ME
Twitter: https://www.twitter.com/ricbender
Website: https://www.ricbender.com
Rumble: https://rumble.com/user/RicBender
Parler - https://parler.com/Ricbender

▶ JOIN MY NEWSLETTER
Email Newsletter: http://eepurl.com/hSKhnT

▶ D I S C L A I M E R S + D I S C L O S U R E S
This content is for educational and entertainment purposes only. This description contains affiliate links that allow you to find suggested resources. When you purchase items from these affiliate links Ric Bender may receive compensation. Thank you for being so supportive.

▶ KEYWORDS

Housing Market IS Broken And The FED Isn't Going To Rescue It This Time, economy, housing market, housing market is going to crash, housing market crash, housing market update, killing the fed put, fed will not pivot, housing market is crashing, finance news, us news, fed fighting inflation, fighting inflation, fed pivot timing, economic news, economic collapse, Ric Bender, real estate market, real estate update, housing market will it go down, real estate agents quitting, iallegedly dan today, economic ninja, Jeremiah babe

#economicnews #federalreserve #economiccollapse

▶ HASHTAGS

#RicBender #economicnews #economicupdates #useconomy #globaleconomiccollapse
#realestatemarket #economiccollapse #housingmarket #federalreserve #foxbusinessnews #economicupdate #economiccrisis #economicupdate #personalfinance #personalgrowthtips