VOA NEWS: U.S. HOUSING SLUMP MAY PERSIST FOR SEVERAL MORE MONTHS

US Fed News Service, Including US State News;  January 10, 2007 ;     469 words ......relative to rents, relative to interest rates," he said. "Even though...suffering because of the housing slump. The head of Toll Brothers...Realtors. She says with interest rates low and prices down, this...amount of inventory, and interest rates are historically ...

Housing slump takes its toll UNITED STATESMARKETPLACE by Bloomberg

International Herald Tribune;  September 8, 2006 ;     307 words ......prevent further increases in interest rates. The official, Janet Yellen...more evidence emerged that the housing slump could be worse than expected...persuade policy makers to keep interest rates at 5.25 percent last month...

Housing slump blamed on market psychology.

Orange County Register (Santa Ana, CA);  February 7, 2007 ;     499 words ......Collins Feb. 7--California's housing slump resulted in part from conflicting...group concluded. Higher interest rates and low affordability are...growing population and low interest rates by historic standards should...Market psychology, rising interest rates and high ...

1st monthly jobs decline in 4 years; Slide seen forcing Fed to slash...

The Washington Times;  September 8, 2007 ;     700+ words ......rising as the housing slump deepens. The...Reserve to slash interest rates this month to...withstand the housing slump and credit crunch...the worsening housing market situation...with market interest rates falling across...

Federal Reserve likely to cut interest rates: Move would mean lower...

Charleston Daily Mail;  September 17, 2007 ;     700+ words ......years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit...colleagues meet Tuesday to determine their next move on interest rates. Those policymakers are widely expected to cut...would hurt the economy. Fears that the deepening ...

Fed appears ready to cut interest rates

Deseret News (Salt Lake City);  September 17, 2007 ;     700+ words ......years, the Federal Reserve appears ready to lower interest rates to prevent a housing meltdown and a painful credit...colleagues meet Tuesday to determine their next move on interest rates. Those policymakers are widely expected to cut...would hurt the economy. Fears that the deepening ...

Interest rates go unchanged

Deseret News (Salt Lake City);  March 22, 2007 ;     555 words ...WASHINGTON -- The Federal Reserve held interest rates steady on Wednesday and raised the possibility...that the economy -- despite strains from the housing slump and troubles facing lenders and borrowers of...the ongoing "adjustment" taking place in the housing sector. The Fed didn't mention ...

Fed chief: Economy might not slip much ; But housing slump, energy costs...

The Boston Globe;  June 10, 2008 ;     559 words ......number of factors, including low interest rates, federal tax rebate checks, strong...soaring energy prices and the continued housing slump remain threats. "Although activity...inflation after making deep cuts in interest rates and taking extraordinary actions...typically fights ...

Jackson urges interest rate cut; AutoNation CEO says housing slump is...

Automotive News;  July 30, 2007 ;     287 words ......called on the Federal Reserve to cut interest rates in response to extreme economic distress...he is especially worried about the housing slump, which has hit formerly high-flying...Lauderdale, Fla. The Fed has stood pat on interest rates since June 2006, after it ...

Area housing slump echoes earlier slide

The Record (Bergen County, NJ);  October 28, 2007 ;     700+ words ......County, NJ) 10-28-2007 Area housing slump echoes earlier slide...began in 1990 deepened the housing slump. For New Jersey, it was...the Federal Reserve cut interest rates to their lowest points...under 6 percent. The low interest rates drew buyers into the ...

Fed expressed concern in December over housing slump

Post-Tribune (IN);  January 4, 2007 ;     247 words ......about the harsher-than-expected housing slump was a key factor in the Federal Reserve's decision to hold interest rates steady last month. Minutes of...continue to recede. The Fed held interest rates steady at the December session...

Housing slump hits home ; Housing slump hits home in St. Joe

St. Joseph News-Press;  November 18, 2007 ;     700+ words ......five-year low in 2007. One banker called this the worst housing slump since the Great Depression. Home prices have fallen...here are the ones who buy the real estate." The housing market has taken a tumble from its lofty heights...market means buyers can almost name their price. Interest ...

It ain't easy; Monetary policy.(The Fed's cool response to choppy debt...

The Economist (US);  August 11, 2007 ;     700+ words ......Reserve holds fire on interest rates CALL a man like Ben Bernanke...paving the way for a cut in interest rates later this year, were...the wider impact of the housing slump on America's economy may...restore balance to the housing market. The stock of lived-...Worryingly, the ...

Fed Keeps Interest Rates at 5.25 Percent

AP Online;  October 26, 2006 ;     700+ words ...WASHINGTON - The Federal Reserve held interest rates steady yet again, noting the economy had slowed...the year, partly reflecting a cooling of the housing market," Fed policymakers observed. "Going...year. Energy prices and the magnitude of the housing slump remain wild cards to that outlook. ...

Interest rates unchanged

Telegraph - Herald (Dubuque);  August 8, 2007 ;     408 words ......turbulence, Main Street credit problems and a nationwide housing slump pose increasing risks to the economy, the Federal Reserve said Tuesday, even as it left interest rates unchanged. Although Federal Reserve Chairman Ben Bernanke...acknowledge recent market gyrations, fears about a worsening ...