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A Rate Increase…Again – Tom’s Take 309

Another Fed meeting. Another increase to the federal funds rate. This time, Jerome Powell and the Fed increased interest rates by 25 basis points, what a lot of people expected would happen.
It’s clear to me that the Fed is going to keep up with this rate increase policy, at least for the next two meetings coming up. As expected, even though inflation has dipped, that number softened. Unemployment is still down.
There’s all these economic headwinds and it looks like the Fed’s doing one thing and the market and unemployment are doing something totally different. So there’s this little bit of a conflict of the policy versus market reaction. So what does this mean for the housing market?
Tune into episode 309 of Tom’s Take now to find out! Any questions, we’re here to help!

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