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A comment on Fed plans to ‘reset’ the housing market–raising likelihood of falling homeprices. Parent comment

Re:Fed plans to ‘reset’ the housing market–raising likelihoo... by lukas099 on Friday June 17, 2022 @08:53AM (#31777368)
I don't think Powell's words mean he is trying to pop a bubble, just to slow down price increases for a while to bring prices in line with historical norms.
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Re:Fed plans to ‘reset’ the housing market–raising likelihoo... by datavirtue on Friday June 17, 2022 @03:56PM (#31783435)
"to bring prices in line with historical norms."

How can you determine if that is the correct/desired course of action?

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Re:Fed plans to ‘reset’ the housing market–raising likelihoo... by Rury on Friday June 17, 2022 @06:31PM (#31785276)
They publicly state their desired course of action each year. They've historically held an economic policy of maintaining perpetual ~2% inflation over long periods of time. Inflation is higher than that now, so they're trying to bring it back down. For more details see:

https://www.federalreserve.gov/monetarypolicy/monetary-polic...

https://www.federalreserve.gov/newsevents/pressreleases/mone...

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