1. Hangzhou second-hand housing market turnover hit a new high in January. 2. Zhengzhou's first land auction this year was fiercely competitive, with a premium of 87.5%. 3. Shenzhen: Approval of "whitelist" financing amount of 360.472 billion yuan in 2024. 4. In January, Beijing second-hand housing signed 12,480 sets online. Institutions: The average monthly transaction price was flat month-on-month. 5. In January, the Shanghai property market performed smoothly, and the second-hand housing tran...
Fed Kashkari says it could take one to two years for inflation to fall to 2 percent, given the dynamics of the housing market; doesn't want to declare victory on inflation, but there are good reasons to be confident. A strong labor market is "encouraging" and the economy looks strong. If inflation picks up unexpectedly before December, that could put the Fed on hold. In a higher productivity environment, a higher neutral rate means the Fed has less room to cut rates. The Fed stops...