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Inventoryinfo icon860,219 13,703
30-yr Fixed Rate30-yr Fixedinfo icon6.39% 0.03%
10Y Treasuryinfo icon4.04% 0.01%
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30-Yr. Fixed Conforming. Updated hourly during market hours.
Single family homes on the market. Updated weekly.Powered by Altos Research
Market yield on U.S. treasury securities at 10-year constant maturity. Updated daily.Data sourced from FRED
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Economics 0 minute read

Is the Fed Powerless Amid Housing Downturn?

February 20, 2008, 9:30am by Paul Jackson
News > Economics

Harvard profession Martin Feldstein says the Fed can’t use monetary policy to affect the current economic climate, meaning any recession will likely be a protracted event for the U.S. economy.

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Paul Jackson
About Paul Jackson
Paul Jackson is the former publisher and CEO at HousingWire.see full bio

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