US Treasury Secretary Yellen Discusses Inflation and Housing Prices
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#acf2919b ver:1.66

US Treasury Secretary Janet Yellen updates lawmakers on inflation and housing prices, noting that while inflation is decreasing, housing costs may remain high. Yellen attributes the inflation spike to supply chain issues, now resolved, but expects rents and housing costs to stay elevated. High mortgage rates impact the housing market, with sellers hesitant and renters burdened. Yellen predicts inflation will continue falling as supply and labor market conditions improve. She criticizes Trump's tax cuts as costly and regressive. Lael Brainard emphasizes the need for affordable housing and tax credits for first-time homeowners. #Inflation #HousingPrices #SupplyChain #AffordableHousing...

#newstr #UsTreasurySecretary #JanetYellen #HousingPrices #Inflation #Rent #MortgageRates 

 https://here.news/story/acf2919b?ver=1.66