News

Yellen, Powell to discuss hot US housing market - Bloomberg

Bloomberg News is out with the latest headline, citing that US Treasury Secretary Janet Yellen and Federal Reserve (Fed) Chair Jerome Powell are likely to discuss the hot housing market and its risks with fellow regulators on Friday.

Nothing further is reported on the same. The report comes ahead of Powell’s testimony on the Semi-Annual Monetary Policy Report before the House Financial Services Committee, in Washington DC, on Wednesday.

Market reaction

The US dollar was last seen trading at 92.66, down 0.10% on the day.

 

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