Economist: Recovery is close

Says single-family home building will lead the way

If Dr. Robert Dietz was on the Federal Reserve Board, he would put a pause on interest rate hikes. “I think they’ve done enough,” he said. “There’s no need to turn a mild recession into a moderate recession.” Dietz, chief economist for the National Association of Home Builders, compared the Fed’s series of rate hikes over the past year to pushing the remote control button too many times.