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.”
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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

3 Comments:

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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