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Bernanke Warns That Overly Tight Lending Standards Is Hurting The Economy

Thursday, November 15, 2012 - 1:20 PM
From Fed Chairman Bernanke's speech today in Atlanta (via CR):
it seems likely at this point that the pendulum has swung too far the other way, and that overly tight lending standards may now be preventing creditworthy borrowers from buying homes, thereby slowing the revival in housing and impeding the economic recovery.

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This had me thinking. It would be nice if Chairman Bernanke and the Fed could start focusing on policy tools that help the economy without suppressing interest rates.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
1. Thursday, November 15, 2012 - 2:03 PM
Could Bernanke actually be awaking from his coma and actually begin to think rationally??  I won't get my hope up yet.
paoli2paoli21,401 posts since
Aug 10, 2011
Rep Points: 6,135