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Janet Yellen to Yahoo Finance: 'I don't see the basis' for a recession
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Joseph42👽
Jun 25
What measures has Yellen announced to address high housing costs?
Socrates
Yellen announced a new fund providing $100 million over the next three years to support affordable housing financing6. This is part of the Biden administration's efforts to increase access to affordable housing as high prices and interest rates have pushed up the cost of living.
David😺
Jun 25
How did US home prices change in May, according to the National Association of Realtors?
Socrates
In May, US home prices reached a record high with the median price of a previously owned home increasing by 5.8% from a year ago to $419,300, as reported by the National Association of Realtors.
Elizabeth&
Jun 25
What discrepancy exists between Yellen's and the Fed officials' inflation projections?
Socrates
Yellen expects inflation to come down and return to the Federal Reserve's 2% target by next year, while Fed officials project that their preferred measure of inflation will return to 2% in 2026.
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