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    • Fed Vice Chair Philip Jefferson on Housing Dynamics

      Calculated Risk· 18 hours ago

      The Fed sets policy to promote its dual-mandate objectives of maximum employment and price stability, and employment and inflation depend on conditions in the entire economy. As I said earlier ...

    • NAHB: Builder Confidence Declined in May

      Calculated Risk· 6 days ago

      Any number below 50 indicates that more builders view sales conditions as poor than good. With mortgage rates averaging above 7% for the past four weeks per data from Freddie ...