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Essay

INDYMAC within the current economy

Essay specific features

 

Issue:

Business

 

Written by:

Ryan G

 

Date added:

July 3, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1921

 

Was viewed:

6948 times

 

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Essay content:

On July 15, 2008, Ben Bernanke stated that Government Sponsored Entities (GSEs) are not likely to fail. He also went on say that it is vital, “To help the mortgage market operate properly.” He also indicated that high oil prices are due to supply and demand conditions and not due to speculation as some analysts had claimed...
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He indicated that intervention should be rare. On monetary policy, he indicated that the Fed is formulating a policy that will balance economic growth with prices. He characterized inflation as “too high”. In housing starts, overall permits increased in June by 11.6%, following a 0.4 percent decrease in May...
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