Federal Reserve Governor Warsh Remains Concerned About Inflation and Fannie Mae Freddie Mac
Speaking before Wall Street today at the New York Stock Exchange, Federal Reserve Governor Kevin Warsh expressed continued concerns about inflation.
“Inflation, though down somewhat from its level earlier this year, remains uncomfortably elevated. Financial market prices imply that inflation will continue its gradual but persistent downward track during the forecast period,” claims Warsh.
For mortgage bankers this means (more…)