The manic run-up in housing prices was more the fault of lax or misdirected regulators than of low interest rates, the chairman of the Federal Reserve said in an Atlanta speech Sunday.
mkanell@ajc.com, Atlanta Journal-Constitution
Sun, 01/03/2010 - 2:50pm
The manic run-up in housing prices was more the fault of lax or misdirected regulators than of low interest rates, the chairman of the Federal Reserve said in an Atlanta speech Sunday.