Thursday, August 10, 2006

Inman Real Estate News - Fed pauses, mortgage rates dive

The question now is: Did the Fed wait too long to pause? Has the economy started to slow based upon the constant rate-hiking of the last year+? Will the pause help bring spending and consumer confidence back to life? A little knowledge is dangerous, I know, but aren't the inflation, GNP and unemployment figures lagging indicators of Fed policy? mdInman Real Estate News - Fed pauses, mortgage rates dive

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