Financials Jun 23, 2022 10:44 PM (GMT+8) · EqualOcean
US Federal Reserve Chairman Powell said that the US housing market has got rid of a very hot state and is slowing down. Compared with the impact of interest rate hike, the impact of scale reduction is negligible. As the US economy normalizes, prices should also fall back and return to normal. The Fed's intention is to keep us inflation down to 2% while maintaining a strong performance in the job market.