The Fed Hits The Housing Market With Another Economic Shock–It Won’t Be The Last

Fortune magazine, May 5, 2022–Lance Lambert
Fed Chair Jerome Powell was crystal clear on Wednesday: The Federal Reserve has transitioned into full-fledged inflation fighting mode. The goal, Powell says, is to see the 8.5% annual rate of inflation fall back to the Fed’s 2% target rate.
https://fortune.com/2022/05/05/federal-reserve-housing-market-mortgage-rate-economic-shock-cool-home-prices/