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Wednesday, February 26, 2014

Monetary

Blogs                                                                                                                             
WSJ | Why Higher Interest Rates Could Depress Housing Turnover
Record declines in home prices are a big reason housing turnover has been so muted in recent years, but low interest rates could serve as an additional — and underappreciated — contributor to the depressed level of homes being offered for sale, according to a forthcoming paper from researchers at DePaul University.
WSJ | Geithner Among Fed Losers in 2008, Dudley Among Winners
The Federal Reserve’s release of transcripts from its 2008 policy meetings provides a chance to size up who among central bank officials did well, and who didn’t, in the heat of the crisis.