mortgage rates are at an all-time high and inventory is low. we ve seen new construction coming onryan, but that hasn t been as robust. tough times to buy a house. affordability is really, really tough. prices are high. even as these mortgage rates keep ratcheting up. it s a very challenging moment for the housing market, which is why we ve seen a slowdown in the last year and a half. let s talking gas prices. still lower than it was a year ago this time, but this is before we hit the peak of hurricane season when storms could interrupt refineries along the gulf coast. the president is out touting biden bidenomics. this is something the white house cannot control. this is off one both for the white house and the federal
controlthe intellect? i think the way we need to rise - controlthe intellect? i think the way we need to rise up | control the intellect? i think i the way we need to rise up our voices to say this is very good for africa, for the world, to get people to be connected. dictatorships and authoritarians around the world, in your region, they do not like a vehicle of information supply which they cannot control. information supply which they cannot control. yeah, you know, it s an adjustment cannot control. yeah, you know, it s an adjustment of cannot control. yeah, you know, it s an adjustment of the - it s an adjustment of the vehicle of information from the internet, even the news would rise up about what is wrong. and what is right. i think many of governments in the world, especially in africa, are a little bit afraid about when they get told what to do and what not to do, but this has to change because everyone is concerned about the future of africa. everyone wants to bring the
undertake here. i actually see a lot of similarity between what he is trying to do and the challenges he faced, and the president faces as well. a challenge of there being this desire for a sense of reality of the matter, the fed is notoriously slow moving, it takes a long time for policy to keep up or change the pace of where things are headed. we are in a time where people and politicians as well, want to see things happen quickly, and as you say, the fed showed his difficult medicine we know the side effects will be quite severe. we will not be able to gauge or see the efficacy of that for many months. it is going to take a while, and that is a real challenge here. as you say, and the fed chair said as well, there is what the fed can do, and there is where the fed isn t capable of doing. so the fed is the institution that historically does fight inflation. there are so many forces that you ve had cannot control. the fed is not going to find an and to this conflict in ukraine, it