The Best Markets For Residential Property Investors 2 days ago July 15, 2018 1,116 Views Subscribe On Tuesday, July 17, Jerome Powell, Chairman of the Federal Reserve will give his semiannual monetary policy testimony to the Congress. The hearing will be held by the Committee of Banking, Housing, and Urban Affairs in an open session.During his first appearance before the Congress in February, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years have turned into tailwinds.” He downplayed the importance of both increasing government debt and the recent wild swings in the stock market, saying, “We do not see these developments as weighing heavily on the outlook for economic activity, the labor market, and inflation.” Powell said he expected positive consumer sentiment and a strong labor market to help strengthen household incomes and spending. “The economic outlook remains strong,” Powell said.Here’s what else is happening in The Week Ahead:Bank of America Q2 Results, Monday, 8:30 a.m. ETNAR Housing Market Index, Tuesday, 10 a.m. ETMBA Mortgage Apps, Wednesday, 7 a.m. ETHousing Starts Survey, Wednesday, 8:30 a.m. ETLearn more about the semiannual monetary policy:Powell Doubles Down on “Further Gradual” Interest Rate Hikes Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Chairman Congress fed chair Federal Reserve Monetary Policy Powell Share Save Related Articles in Daily Dose, Featured, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Week Ahead: Spotlight on Monetary Policy Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Radhika Ojha Home / Daily Dose / The Week Ahead: Spotlight on Monetary Policy Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: JPMorgan, Wells Fargo Post Q2 Results Next: Churchill Mortgage Expands Reach Across the Nation Chairman Congress fed chair Federal Reserve Monetary Policy Powell 2018-07-15 Radhika Ojha Print This Post Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago
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