Relevant:
- Fed's Rosengren: Global Economic Weakness Argues for Rate Rise Caution
- Inflation, Strangely Low, Holds Key to 2014 Fed Policy
- Banks Show Elevated Reluctance To Lend
- U.K. Housing Market's ‘Downside Risks' Have Increased on Weakening Economy
- No more neutral rate? The shine comes off the Fed's r-star
2008-02-29 — thomsonfxhub.com
'Federal Reserve Bank of Boston President Eric Rosengren warned today that there are downside risks that threaten to push home prices lower and restrain the lending capacity of large and small banks, which in turn threaten to delay a recovery in the struggling housing market for longer than economists expect.'
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