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The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
CPI rose 6.6% in September from a month earlier, and was up 8.2% from a year earlier.
September meeting minutes show renewed resolve to continue tightening monetary policy.
California economist says COVID-19 stimulus payments caused problems.
Chairman said housing market may have to go through "a correction" to return to balance.
Median existing-home price also rose, the 126th consecutive month of year-over-year increases.
