 Reuters |
Fed's Hoenig 'Worried' Low Rates to Lead to Asset Price Bubbles
BusinessWeek March 24 (Bloomberg) — Federal Reserve Bank of Kansas City President Thomas Hoenig said he is “worried” low borrowing costs may cause inflation to accelerate and lead to the emergence of asset price bubbles. Hoenig, speaking today on … Kansas City Fed Chief Favors Raising Rates Over Time Fed's Hoenig Q&A: More Bank Losses If US Econ Grows Slowly Fed's Hoenig Says Doesn't See Inflation On Near Horizon -Fox Business |
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