Another San Diego economic outlook forum.

He expects the Federal Reserve to cut key interest rates by 0.5 percent to 0.75 percent in 2007 beginning as early as the second quarter. Making money cheaper to borrow could help shore up sagging home sales and stave off a potential downturn in the national economy. “Things will be tough — in terms of the housing market — in the first half of the year, with a possible pickup in the second part of the year