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Warsh leads Fed during rare soft landing, Rick Palacios Jr. notes

Warsh leads Fed during rare soft landing, Rick Palacios Jr. notes
Warsh leads Fed as economy steadies

Rick Palacios Jr. observes that Warsh is taking charge of the Federal Reserve while the economy is experiencing a soft landing.

He highlights that such an outcome is unusual following periods of rate hikes.

Palacios Jr. recently reported that national housing affordability is improving slowly as incomes rise and home prices remain steady, according to recent data. He also noted that public homebuilders are pulling back on land purchases, following double-digit year-over-year declines in single-family housing starts as outlined in an earlier report. These trends provide additional context to the economic environment as Warsh steps in at the Fed.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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