Federal Reserve policy makers expressed caution about the outlook for the US recovery and bank lending without backing any new steps by the central bank to stimulate growth. Atlanta Fed President Dennis Lockhart said yesterday that while the recovery isn’t sustainable enough yet to warrant raising interest rates, he doesn’t see a need for additional asset purchases to aid the economy.
Fed officials avoid talk of further stimulus to stoke growth
Most Popular Articles
Latest Articles
-
Former Ginnie Mae president reacts to lawmaker’s reverse mortgage securities letter
-
Financial planner: Reverse mortgages can help retirees with high property taxes
-
MBA issues support for real estate finance bills debated by Congress
-
Supreme Court denies HomeServices’ petition in commission suit
-
Home prices kept climbing at a brisk pace in March: First American