Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.
Entries Tagged as 'FOMC'
A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
March 15th, 2011 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
Fed Minutes Show Lower Unemployment And Higher Growth For 2011 and 2012
February 19th, 2011 · Comments Off on Fed Minutes Show Lower Unemployment And Higher Growth For 2011 and 2012
The Federal Reserve released its most recent meeting minutes Wednesday. Fed Minutes are the unabridged version of the succinct, more well-known “Fed Statement” that’s released immediately post-adjournment.
The Fed Met Last Week. What It Means To Mortgage Rates.
January 31st, 2011 · Comments Off on The Fed Met Last Week. What It Means To Mortgage Rates.
The Federal Open Market Committee begins a 2-day meeting today in Washington D.C. It’s the group’s first meeting of 2011 — one of 8 scheduled for the year.
A Simple Explanation Of The Federal Reserve Statement (January 26, 2011 Edition)
January 26th, 2011 · 1 Comment
Today, the Federal Open Market Committee voted 10-to-0 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent. Mortgage rates are reacting.
Tags: Economy · FOMC · Real Estate
A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)
December 14th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.
Tags: Consumer Lending · Economy · FOMC · Mortgage Lending
A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)
August 10th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)
Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent.
The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode
July 21st, 2010 · Comments Off on The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode
At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.
Tags: FOMC · Mortgage Lending
A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
June 25th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.
Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week
June 22nd, 2010 · Comments Off on Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week
The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too.
Tags: FOMC
A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition)
March 16th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition)
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent.
Tags: FOMC