Sledgehead Posted May 30, 2007 Share Posted May 30, 2007 Fed Minutes: Central Bank Saw Inflation As Bigger Threat Than Slumping Housing Market Read the story, then consider the situation. The Stock Market is busy anticipating a rate cut. For equity investors, no change = great. They can keep dreaming of rate cut. the further out, the longer the dream, and therfore the better. The Property Market is busy dying on its legs. For property investors, no change = shyte. Their mortgages still need paying. A rate cut can't come soon enough, th elonger the status quo goes on, the more real the threat of foreclosure. It is all a matter of sentiment. Quote Link to comment Share on other sites More sharing options...
dnd Posted May 30, 2007 Share Posted May 30, 2007 iirc the uk is suffering the same problem rising inflation (mainly external factors) is pushing inflation higher Quote Link to comment Share on other sites More sharing options...
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