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Fed Chair Powell speaks out on the impacts of Trump’s tariffs
At a conference in Arlington, Virginia, Powell warned the audience that tariffs could fuel rising inflation and slower economic growth.
HUD ramps up discussions about relocating its headquarters
HUD’s HQ could be relocated, according to department officials who cite the high costs of deferred maintenance on the current building.
Trump’s tariffs, not jobs, are driving mortgage rates lower this week
If Trump hadn’t announced tariffs this week, the 10-year yield probably would have been trading at 4.35% today given the labor data.