0 minute readWhen the Federal Reserve unveiled a controversial program to buy Treasury bonds last summer, in a new bid to boost the US economy, critics warned that it could unleash inflationary pressures. Since then, global prices for basic commodities have soared, with one measure of global food prices now at a record high. So, is the Fed to blame? On Thursday, Fed Chairman Ben Bernanke pushed back against that idea.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
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What to look for in Kevin Warsh’s first Fed meeting
With oil at $75.80 and mortgage rates near 6.50%, housing is watching whether Warsh can keep the Fed patient on hikes.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
