Fed’s Rosengren: Sharp rise in US apartment prices may signal financial instabilities

Dhwani Mehta FXStreet

Reuters reporting headlines from the Boston Fed president Eric Rosengren, as he addresses a multi-day conference on Banking Supervision in Indonesia.

Key Points:

Hot US commercial real estate sector could amplify potential economic downturn

Difficult to slow real estate price rises with interest rates

Regulators should consider better alternative tools to protect economy from real estate run-up

Sharp rise in US apartment prices may signal financial instabilities

Global regulators may need to act if low rates, 'reach for yield' lead to financial problems

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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