Ruth Golod

Manhattan / New York City Townhouse Specialist

Greenspan Speaks

For more information or to view this property, contact Ruth Golod, Vice President at the Corcoran Group: (212) 893-1723.

This morning Alan Greenspan spoke in front of Congress and in no-uncertain terms confirmed that the “measured pace” of fed funds rate hikes would continue in the near future. The Federal Open Market Comittee has raised rates from a 46-year low in June of last year to 3.25%. That is a 2.25% increase and the end is not in sight. Greenspan mentioned that the economy had suffered from a slow down in the Spring of this year due to inflationary fears. The 10 year treasuries however, have hovered in the 4% range for some time now and the FOMC appears to have lost control over interest rates in the US economy at this point in my opinion.

Ruth Golod - Corcoran Real Estate Broker

For more information or to view this property, contact Ruth Golod, Vice President at the Corcoran Group: (212) 893-1723.

Welcome to the future home of Ruth Golod on the web. Ruth Golod is a real estate broker with The Corcoran Group in
New York City, New York. Ruth specializes in Townhouses all over New York City. If you are thinking of buying or selling a
Townhouse in New York, Ruth is the only person you need to call.

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