Tuesday, June 06, 2006

Lereah on Fed Hikes

“‘But this is a time for the Fed to pause on rate hikes because we have some interest-sensitive housing markets that have become vulnerable,’ he said.”
When the fed was reducing rates, did he say it’s time to stop lowering because housing was overheating and being overrun with speculators? Noooooo!!

From commentator Brad on Ben's Blog


At 12:23 PM, Blogger tomcarbon said...

This is David's bailout. Now it's officially Ben's problem.

At 12:24 PM, Blogger tomcarbon said...

David Lereah, that is!

At 6:03 PM, Blogger milton said...

We have referenced your excellent blog in our new blog: http://rentseekerwatch.blogspot.com


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