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In this Real Estate News Brief for the week ending April 20th, 2024... you’ll hear what the Fed Chief said about “higher for longer,” (he didn't say that on 4/20 but that would have been funny!) why Moody’s is offering an upbeat prediction about rate cuts, and how renters feel about homeownership.   We begin with economic news from this past week and more talk about what’s next for interest rates. Fed Chief Jerome Powell spoke out last Tuesday, saying that recent data shows a lack of progress in reducing inflation to the Fed’s 2% goal, and that Fed officials need to have more confidence that that is happening before they cut rates. He said that inflation “declined significantly during the second half of last year” but he added: “The recent data have clearly not given us greater confidence and instead indicate that it’s likely to take longer than expected to achieve that confidence."...   ...If you’d like to learn more about investing in real estate, I encourage you to sign up for a free RealWealth membership