Speaking before the Senate Banking Committee Federal Reserve Chair Jerome Powell said the recent rise in COVID-19 cases and the emergence of the Omicron variant does pose “downside risks to employment and economic activity and increased uncertainty for inflation.”
Source: Inman News
Fed still considering faster tapering of support for mortgages
Published in Coronavirus, COVID-19, federal reserve, Jerome Powell, Markets & Economy, Mortgage, mortgage rates, Omicron and tapering
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