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Examining The Federal Reserve in Plain English

April 30th, 2009 · Comments Off on Examining The Federal Reserve in Plain English

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged today within its target range of 0.000-0.250 percent.  The Fed also reiterated its plan to support the mortgage market to the tune of $1.5 trillion. In its press release, the FOMC noted that the economy may still be contracting, but that it’s […]

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Tags: Economy · Federal Reserve · Real Estate