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A 'Gigantic Sweet Spot': Fed Thought Housing Hunky Dory in '06
ABC News (AFP/Getty Images) Newly released transcripts of Federal Reserve Board meetings show that even as disaster loomed, iceberg-like, for the US economy in 2006 because of inflated housing prices, the board remained lagely clueless. … Factbox: Fed officials' comments on the economy, policy Documents show Bernanke thought economy could pull off 'soft landing' from … Fed's Bullard Says Some Housing Market Remedies Invite Disaster |