Housing Sector Is Showing Signs of Picking Back Up: Powell 

HousingWire, Aug. 25, 2023-Flávia Furlan Nunes (subscription)
In a hawkish tone, Jerome Powell said that Federal Reserve (Fed) officials are prepared to raise the federal funds rate further and hold it at high levels until they are confident that inflation is moving sustainably down to the 2% target. And that’s unclear at this point.