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
