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Explaining Last Weeks Fed Actions

February 2nd, 2009 · Comments Off on Explaining Last Weeks Fed Actions

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged last week.  It remained within a target range of 0.000-0.250 percent. In its press release, the FOMC reiterated most of the key points from its December 2008 statement, including: The U.S. employment outlook continues to deteriorate Consumers and businesses continue to cut […]

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Tags: Economy · Federal Reserve · Real Estate