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Showing posts with the label U.S. Housing Market Trends

Silicon Valley Real Estate Market Update 5-18-2023

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  Here's the weekly round-up of news. Check it out, save it for later, and/or share it with your friends.    IMF warns of 'serious repercussions' of U.S. default  The U.S. and global economies will experience "very serious repercussions" if the U.S. defaults on debt, according to the International Monetary Fund. "For that reason, we again are calling on all of the parties to come together, reach consensus and resolve the matter as quickly as possible," IMF spokesperson Julie Kozack says. Full Story:  Reuters  (5/11)  Yellen to meet top bankers to discuss debt ceiling  Treasury Secretary Janet Yellen plans to meet Bank Policy Institute board members, including Citigroup CEO Jane Fraser and JPMorgan Chase CEO Jamie Dimon, for talks on the the current debt ceiling situation, with the possibility of a government default on its debts looming closer. Meanwhile, a key meeting on the issue between President Joe Biden and congressional leaders, scheduled for toda