Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S
Investments / The Ticker

Fed's Plosser: Fed puts credibility on line if QE3 continues

/ Print / Reprints /
| Share More
/ Text Size+

The central bank risks putting its credibility on the line if it fails next month to reduce its accommodative asset purchases, Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said.

"Were the FOMC to refrain from reducing the pace of its purchases in the face of this evidence of improving labor market conditions, it would undermine the credibility of the Committee's statement that the pace of purchases will respond to economic conditions," Plosser said.

Source: Reuters
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus