The Fed's boilerplate The Fed's boilerplate Greenspan sticks with the same, if truncated, message on rates and frets about housing. June 10, 2005: 8:29 AM EDT NEW YORK (CNN/Money) - So Mr Greenspan made himself perfectly clear: more rate hikes ahead. What's interesting is how little verbiage the normally more loquacious Fed chairman put into delivering that message. Is it because he feels the reasons are so obvious? Maybe he himself is uncertain about the economy so it's easier to just repeat what almost seems like a "boilerplate" view. One thing for sure: he seems worried about the housing market. Yesterday he said the proliferation of riskier mortgages like interest only and exotic adjustable rate mortgages is of "particular concern." And that's something a lot of economists can agree on. ____________________________________ -- Kathleen Hays is economics correspondent for CNN and contributes to Lou Dobbs Tonight. You can read more of her columns here.   Quelle "The Fed's boilerplate" : Cnn.com Main page for "The Fed's boilerplate"