1 Articles match "Foreclosures","Los Angeles","PNC"

The Latest from RealtyTrac MORE
Fed's Latest Moves No Real Surprise
However, with concerns of inflation mounting, Stuart Hoffman, chief economist at PNC Financial Services Group told Investor’s Business Daily Tuesday that rate cuts are back on the table, especially if economic growth continues to slow down in the fourth quarter of the year. Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year).
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Fed's Latest Moves No Real Surprise
    However, with concerns of inflation mounting, Stuart Hoffman, chief economist at PNC Financial Services Group told Investor’s Business Daily Tuesday that rate cuts are back on the table, especially if economic growth continues to slow down in the fourth quarter of the year. Remarking on the Fed’s rescue of AIG, the Los Angeles Times commented this morning that it seems to be an “abrupt about-face” in position considering that the Fed did not bail out Lehman Brothers as it filed for bankruptcy protection (after having bailed out Bear Stearns earlier this year).
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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