Federal Reserve Board member Kevin Warsh expressed wariness about the Fed’s willingness to purchase more mortgage debt or government bonds to boost the economy if it falters, an idea that has emerged amidst worries about the recovery’s sustainability. “Any judgment to expand the balance sheet further should be subject to strict scrutiny,” Warsh said Monday in a speech in Atlanta.
Fed’s Warsh signals reluctance to resume bond buying
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With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
