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A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)

April 27th, 2011 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)

The Federal Open Market Committee voted the Fed Funds Rate unchanged today at 0.000-0.250 percent. The vote was 10-0 — the third straight unanimous vote.

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Tags: Federal Reserve

New Home Supply Falls To 16-Year Low

April 27th, 2011 · Comments Off on New Home Supply Falls To 16-Year Low

Based on joint research from the Census Bureau and HUD, 300,000 new, single-family homes were sold on a seasonally-adjusted, annualized basis in March. It’s an 11 percent improvement from February.

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Tags: Housing Analysis