Could housing crack before inflation does?

The nightmare scenario is that the Fed ends up with an inverse Goldilocks situation: rates high enough to hurt growth through the housing market, but too low to get inflation under control.

Though the Fed has only started tightening, mortgage rates weren’t inclined to wait for the starter pistol, kicking off a fierce climb in late December.
Though the Fed has only started tightening, mortgage rates weren’t inclined to wait for the starter pistol, kicking off a fierce climb in late December.Foto: Manuel Balce Ceneta/AP/NTB
Publisert 21. March 2022, kl. 16.21Oppdatert 21. March 2022, kl. 16.38