By Lani Rosales on December 8, 2009
Bernanke expresses confidence
In a speech this morning to the Economic Club of Washington, D.C., Federal Reserve Chairman Ben Bernanke discussed with the crowd the “the most serious financial crisis and the worst recession since the Great Depression,” he ended his speech with a message…
Posted in News | Tagged federal reserve, real estate economy, real estate market
By Bill Lublin on September 6, 2008
Image Courtesy of creativecommons.org
I’m in the Airport
Tomorrow is the meeting of the Professional Standards Interpretations and Procedures subcommittee in Chicago. I arrived at Philadelphia International for my 11:30 flight only to find that it had been cancelled (due to bad weather in…
Posted in News | Tagged bernanke, Economy, fannie mae, federal reserve, freddie mac, wall street journal
By Shailesh Ghimire on January 22, 2008
The Fed dropped rates by a whopping 0.75% this morning. This was not expected at all. This is the biggest drop in rates since 1990. Now considering there has been a major terrorist attack, two bubble crashes and one international financial crisis which almost took…
Posted in Real Estate | Tagged federal reserve, interes rates, prime rate
