03/22/2018: What to make of the new Fed chair
(Markets Edition) The Fed has decided to officially raise interest rates. With Jerome Powell, the new head of the Federal Reserve, meeting with the media yesterday, what impression does he give off? Diane Swonk, chief economist at Grant Thornton, joined us to give her evaluation. Afterwards, we'll discuss how rising house prices are becoming beneficial for sellers, but hurting buyers.
(Markets Edition) The Fed has decided to officially raise interest rates. With Jerome Powell, the new head of the Federal Reserve, meeting with the media yesterday, what impression does he give off? Diane Swonk, chief economist at Grant Thornton, joined us to give her evaluation. Afterwards, we’ll discuss how rising house prices are becoming beneficial for sellers, but hurting buyers.