That said, in this cycle the FOMC held the federal funds effective rate at 5.25 percent for over a year, during which PCE inflation eventually dropped to 1.9 percent in August 2007. The following month, the Fed began to cut rates in response to the financial crisis and Great Recession.
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2006房价也没现在涨的这么离谱,fed一直保持了一年直到CPI降到2%一下并且出现了金融危机之后才降息。
这次房价降不下来,CPI 不可能降到2%一下,也就是说降息可能需要很多年