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The Real Estate News Brief - Week Ending March 26, 2022 Fed’s Next Rate Hike, Mortgage Rate Surge, Pets Who Sell Homes In this Real Estate News Brief for the week ending March 26th, 2022... the Fed’s next rate hike, the latest surge in mortgage rates, and why pets might help sell homes. Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review. Economic News We begin with economic news from this past week. The Federal Reserve is ramping up for bigger rate hikes. Fed policymakers are saying that inflation is much too high, and that more aggressive action may be needed, including a 50 basis point rate hike in May. San Francisco Fed President Mary Daly said at an event last week: “With the labor market so strong, inflation, inflation, inflation is at the top of everyone’s mind.” Fed Chief Jerome Powell also said the central bank may start reducing its $9 trillion balance sheet in May. The Fed’s portfolio mushroomed in size with the purchase o