Economics
Yellen, Powell Briefed on Housing in Oversight Council Meeting
- FSOC hears presentation on home prices, mortgage forbearance
- Meeting was first under Yellen to address housing concerns
Janet Yellen and Jerome Powell
Source: BloombergThis article is for subscribers only.
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Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell were among top U.S. regulators briefed Friday on the nation’s roaring housing market during a meeting of a council that’s tasked with gauging risks to the financial system.