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Although the pace of economic recovery is likely to be moderate for a time the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability.
FORBES: Ben Bernanke As The Ultimate Contrarian Indicator
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"Nonetheless, the Committee anticipates a gradual return to higher levels of resource utilization in a context of price stability, although the pace of economic recovery is likely to be more modest in the near term than had been anticipated, " the FOMC says.
FORBES
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Although the teams fleeing poorer conferences might see a bump by jumping to a higher-rent conference, they will only find stability in one of the very richest, Fulks said.
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That freedom from government interference is not for its own sake but for a higher purpose of keeping prices stable, which in turn underpins economic and social stability.
ECONOMIST: Inside Germany��s central bank: Europe��s monetary opposition | The
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Capital charges are higher for commercial property than for homes but banks can still be seduced by the apparent stability of a real asset producing predictable cash flows.
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