Estimated reading time: 0 minutes, 36 seconds

Bodnar of MMG: An Overwhelming Policy Response from the Fed, Administration

This week it is all about an overwhelming policy response from the Fed and Administration meeting the market response... and what stocks, bonds and the U.S. dollar think of it all, according to Bill Bodnar of the Mortgage Market Guide (MMG).

BillBodnar122"The Fed confirmed they are not even thinking about thinking about raising rates or tapering bond purchases," he adds. "The Administration laid out details of the American Jobs Plan, bringing the three plans to $6 trillion."

In the days, weeks and months ahead we will see if inflation is a problem, a further decline in the dollar emerges and ultimately where these plans end up.

Watch the video below to see what this means for you, your clients and real estate partners

Read 2047 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.