Aggressive QT and it appears that Fed is in a hurry to tame inflation and thus interest rates will be on the higher side during the year 2023. This year provides a good opportunity to real home buyers as speculators will be out of the market and they will get home at a genuine price.
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The yen has been appreciating for last whole month against the dollar and thus all these factors Fed has to see to make sure that the dollar retains its dominance in the global market.
The best part about Fed is that it is independent and neither Congress or USA President can interfere in its functioning.
