it ploef believes it can get inn to come back to the target by 2024. even that, some believe, has been too optimistic. one thing that is interesting to think about is yellen, of course, pushing back over the weekend about whether we are currently in a recession or if it is inevitable. she has said in recent weeks and recent months that she believes that the federal reserve might be able to do it, but it would need both skill and luck in order to achieve a soft landing, in order to achieve rising rates and cooling inflation without triggering a recession. so the hope is that, hopefully, luck is on powell s side and the federal reserve s side. thank you so much, rahel and catherine. really appreciate it, ladies. all this boils down to a heartbreaking dilemma that millions of american families are currently facing. pay pills or put food on the table. right now, many food bank lines are as long as the worst days of the pandemic. but donations are down. in some states like ohio, food ba
with a 10% down payment, that house in january when the average mortgage rate was 3.75% would mean a monthly mortgage of about $1,771. with an average interest rate of 5.3%, according to forbes, that payment was now going up to $2,124. it hurts for people. so what do you say to someone who has been saving to put a down payment on a house and are interest rate hikes the only prescription for cooling inflation? the housing supply challenge we have in the country goes back to the great recession and the financial downturn. and the president has been focused on trying to increase housing supply. some of this will need to be in concert with congress. some of it he s taking administrative actions to get moren units on the market. his proposal in the budget would put a million more units over the next five years and close