tag:blogger.com,1999:blog-25840472.post-66833087681241366692007-12-16T06:58:00.000+05:302007-12-17T02:12:10.976+05:30

In my post dated April 4th (American New Home buyers can wait), I had indicated that the Federal Reserve will be forced to ease the interest rates if the housing market crisis continues. This is what appears to be happening in the US economy. Between September and now, driven by an economic slowdown in the wake of housing market crisis coupled with rising oil prices, Fed has lowered the

Madhan Gopalanhttp://www.blogger.com/profile/15610042213602170819noreply@blogger.com