The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the tenth consecutive meeting, the FOMC vote was nearly unanimous. Richmond Federal Reserve President … [Read more...]
Simple Explanation Of The Federal Reserve Statement (December 12 , 2012)
December 12, 2012 by Leave a Comment
The Federal Reserve Begins A 2-Day Meeting Today
December 11, 2012 by Leave a Comment
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year. The Federal Open Market Committee is a 12-person subcommittee within the Federal Reserve. It's the group which votes upon U.S. … [Read more...]
Federal Reserve : New Economic Stimulus May Be Warranted
November 19, 2012 by Leave a Comment
The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week, revealing a Fed in disagreement about the future of the U.S. economy and about what, if any, stimulus may be warranted in the next 12 … [Read more...]
Mortgage Rates Dropping After Release Of Fed Minutes
August 24, 2012 by Leave a Comment
Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped. The Fed Minutes are released on a schedule, three weeks after the FOMC adjourns from … [Read more...]
Simple Explanation Of The Federal Reserve Statement (August 1 , 2012)
August 1, 2012 by Leave a Comment
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. The vote was nearly unanimous. Only one FOMC member, Richmond Federal Reserve President Jeffrey … [Read more...]
Planning Ahead For The Federal Reserve’s Next Move
July 31, 2012 by Leave a Comment
In Washington, D.C. today, the Federal Open Market Committee (FOMC) begins a 2-day meeting, its fifth of 8 scheduled meetings this year. Mortgage rates are expected to change upon the FOMC's adjournment. Rate shoppers and home buyers of Virginia … [Read more...]
A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)
June 20, 2012 by Leave a Comment
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive meeting, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, … [Read more...]
A Simple Explanation Of The Federal Reserve Statement (April 25, 2012)
April 25, 2012 by Leave a Comment
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive month, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, … [Read more...]
The Fed Meets Today : Protecting Your Housing Payment
March 13, 2012 by Leave a Comment
The Federal Open Market Committee meets today, its second of 8 scheduled meetings this year. As a home buyer or would-be refinancing household in Kings Grant , get ready for changing mortgage rates. The Federal Open Market Committee is the … [Read more...]
Federal Reserve Wary Of European Spillover
February 24, 2012 by Leave a Comment
The Federal Reserve has released the minutes from its 2-day meeting January 24-25, 2012. The Fed Minutes is a summary of the conversations and debates that shape our nation's monetary policy. It receives less attention than the Fed's more … [Read more...]
