Why aren't the Fed's rate increases having a stronger effect on the economy?
A prominent economist, Henry Kaufman, says one of the reasons is the two-year mortgage refinancing boom that ended early last year.
Limited Time Offer
Save $400 off your subscription. Special offer ends April 30, 2017.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In