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New Trump Fed chair won’t mean quick drop in mortgage rates

The high mortgage rates that have prevented many people from buying homes may not fall quickly, even if President Donald Trump succeeds in appointing a new Federal Reserve chairman who shares his desire to slash the central bank’s target rate. Trump has reportedly narrowed down the list of possibl......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/finance-and-economy/3904915/new-trump-fed-chair-quick-drop-mortgage-rates/