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Archive for the 'federal reserve' category

Fed takes the easy way out; rate drop expected

It looks as though Ben Bernanke of the Federal Reserve has decided to drop interest rates (again) at the end of the month.
Fed vows ’substantive’ action to avoid recession - By Barrie McKenna, The Globe & Mail
The Fed is “prepared to act in a decisive and timely manner … to counter any adverse dynamics that [...]

01/11/08 | Leave a comment »

What’s next for our suffering economy?

Analyst Lou Barnes sees one of two things happening: long-term interest rates will drop to the low 5’s … or, they won’t.
He predicts a drop to around 5.25% for fixed-rate mortgage loans.
Unless, and it’s a big unless, one of two things happen.
Oh, to be a fly on the oval wall - By Lou Barnes, Inman [...]

01/06/08 | 1 Comment »

Greenspan speaks

I didn’t learn anything new from this, but perhaps it’ll be interesting to some.
Alan Greenspan wrote a column on the subprime loan crisis and state of the US economy for the Wall Street Journal.
Excerpts, below:
Former Federal Reserve chief Alan Greenspan wrote a lengthy explanation of his view of the current mortgage crisis for The Wall [...]

12/17/07 | 2 Comments »

Reasonable man begs for attention: credit crisis demands drastic measures

Lou Barnes is about ready to jump out an office building’s window, I think.
He’s totally freaking out over the credit / lending crisis, fearing we are in for tough economic times, unless someone does something. Fast.
Like, Depression.
And he doesn’t have much faith in those with power to deal with the problem:
The worst of the [...]

11/10/07 | Leave a comment »

Experts: housing crisis to bring down world economy

Alan Greenspan, previously Chairman of the Federal Reserve and now best-selling writer, is out shilling his book to anyone who will listen.
This week, he’s in Japan talking to Japanese businessmen.
What’s he think about the state of the world economy?
Former U.S. Federal Reserve Chairman Alan Greenspan told Tokyo businessmen that the most important global financial issue [...]

11/06/07 | 2 Comments »

Why mess with success?

So, the US economy grew 3.9%, in the quarter ending September 30.
So, why would the Federal Reserve lower interest rates?
Whyyy??????????
Let it ride, for at least another month. Please.
Someone, have some sense.

10/31/07 | Comments Off

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Archive for the 'federal reserve' category

Fed takes the easy way out; rate drop expected

What’s next for our suffering economy?

Greenspan speaks

Reasonable man begs for attention: credit crisis demands drastic measures

Experts: housing crisis to bring down world economy

Why mess with success?

Boston Real Estate/Boston Condos - Search MLS

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