Bernanke Facing Some Tough Scrutiny
There was certainly growing political pressure on the Fed to act, coming publicly from such Democrats as House Financial Services Committee Chairman Barney Frank.
This is America. How much pressure could there have possibly been?
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
7 hours ago
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