Quoted By:
>Fed Chair Powell Says We Have Significant Housing Issues In The Country; Pandemic Has Created New Distortions In Housing; Our Tighter Policy Is Having An Effect On Activity In Housing Sector; For Housing Supply, Best Thing We Can Do Is Get Inflation Down; Record Is Clear That Central Bank Operational Independence Serves Public Well; This Is A Choice We Make As A Country And It's A Good Choice
>U.S. Treasury's Yellen Says Pleased With Passage Of 'Repo Act' Authorizing U.S. Seizure Of Frozen Russian Assets To Aid Ukraine But Looking To Create Coalition To Provide Assistance; Believes Big Inflationary Impulse Seen In 2022 Was Global In Nature And Stemmed From Supply Problems After Pandemic; Many Of Those Supply Problems Have Been Resolved, Wage Pressure Is Easing
>U.S. Treasury's Yellen Says Inflation Will Continue To Come Down Over Time, Rents Are Keeping It Higher Than We Would Like