The Federal Reserve’s statement after yesterday’s Federal Open Market Committee (FOMC) meeting left no doubt as to the Fed’s dual commitment to keeping long term interest rates down and encouraging economic growth. Continue reading
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. Continue reading
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year. Continue reading
The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week. Continue reading
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. Continue reading
The minutes from the Federal Reserve’s September Federal Open Market Committee meeting were released Thursday. Continue reading
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Thursday, while adding new market stimulus. Continue reading
The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot. Continue reading
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. Continue reading
Breaking down the FOMC’s August 1 statement. Continue reading