Housing and the Fed in 2005
January 16, 2011 at 16:50 PM EST
The Federal Reserve released the 2005 FOMC transcripts this week. Attention quickly turned to the Fed’s view of the growing housing bubble. Calculated Risk finds some very prescient warnings from then Atlanta Fed President Jack Guynn, who describes housing as an “accident waiting to happen.” Bloomberg continues with the obvious path of criticism: Federal Reserve [...]