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Yellen, Powell to Discuss Financial Risks of Hot Home Market

  • Duo will join other regulators in closed-door session Friday
  • Yellen team said to think risks from housing are manageable
Jerome Powell and Janet Yellen
Jerome Powell and Janet YellenPhotographer: Elijah Nouvelage/Bloomberg
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Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell are slated to discuss the hot U.S. housing market and the risks it could pose to the financial system at a meeting with fellow regulators on Friday.