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Kevin Warsh confirmed as Fed chair as mortgage lenders look for stability
The Senate confirmed Kevin Warsh on Wednesday to succeed Jerome Powell as chairman of the Federal Reserve, sparking hopes within the mortgage industry for less volatility as Warsh takes the helm of th
The Senate confirmed “The mortgage industry depends on a healthy and predictable rate environment,” said “We look forward to continued engagement on policies affecting the banking and housing finance systems and will continue advocating for a more balanced and risk-aligned approach to While eight officials voted for the pause, Stephen I. Miran preferred to lower the target range by 25 basis points. Additionally, three officials backed the decision to hold rates but objected to recent language about an “easing bias” that suggested the Fed is moving closer to a rate cut rather than a During his The ongoing conflict in Iran, inflationary concerns and a slow but stabilizing job market have kept
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Originally published by Flávia Furlan Nunes
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