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Loan Modification

: Mortgage Lender Implode-o-Meter

KC Fed Chief Continues Policy Dissent, Urges Slow Rate Increase

By Implode-Explode Heavy Industries

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"KC Fed chief Thomas Hoenig has voted against his colleagues at the last five meetings. He continues to contend the zero interest-rate policy is no longer necessary, inhibits the committee's ability to adjust policy when needed, and eventually may lead to inflation."

Full post as published by Mortgage Lender Implode-o-Meter on August 14, 2010 (boomark / email).

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