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Real Estate News Brief - Economic Policy Update, FHFA Extends Moratoriums, Demand for Rural Land
In this Real Estate News Brief for the week ending February 27th, 2021... a Fed update on economic policy, an FHFA reprieve for tenants and homeowners, and a rise in demand for rural land.
We begin with economic news from this past week, and comments from Federal Reserve Chairman Jerome Powell. He told Congress that there are signs the economy is recovering but that substantial improvements are still needed in the job market, and that inflation needs to get closer to the 2% mark.