We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

No good way to go

15 Nov 2005 By Edward Hadas

How would the Fed chief respond to a housing crash? The bubble cleanup man would lower rates. But that would encourage bad behaviour. The inflation fighter in him would think a commodity boom is no time to cut rates. But that could cause a deflationary recession.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)