The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. It also reiterated plans to support the mortgage market to the tune of $1.5 trillion. In its press release, the FOMC noted that the U.S. economy isĀ “leveling off” and that financial markets continue to improve. The […]
Simple Explanation Of The August 12, 2009 Federal Reserve Statement
August 13th, 2009 · Comments Off on Simple Explanation Of The August 12, 2009 Federal Reserve Statement
Tags: Economy · Federal Reserve · Mortgage Lending · Real Estate