Fed speaks II

Lacker says the mortgage crisis isn't over yet. I say just wait until next year's rate cuts. Dissention in the ranks by non-voting members. If it gets much worse you may see more regulation in the mortgage market.
Warsh is waiting for more information.
Poole says we may need more cuts, which worries me, because he was against this before the first one.
Instead of Greenspan, now we have a five-headed monster to deal with when attempting to decode future moves.