Mar
22

Property Bubble Ghost Haunts Central Bankers Trying to Boost Prices

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America’s property market recovers gradually as prices Down Under surge

The property market is an animal almost every central banker is worried about and hardly anyone can control.

As the Federal Reserve downshifts into go-slow mode while the European Central Bank and other monetary authorities ease, expect to hear a lot of concern about property prices. Here’s the dilemma: How do you cut rates to goose too-low inflation and support growth without lighting a fuse under real estate?…

Property Bubble Ghost Haunts Central Bankers Trying to Boost Prices

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