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Entries Tagged as 'FOMC'

A Rate-Locking Strategy For Today’s Fed Meeting

March 16th, 2010 · Comments Off on A Rate-Locking Strategy For Today’s Fed Meeting

The Federal Open Market Committee adjourns from a scheduled 1-day meeting today, its second of the year. The FOMC has held the Fed Funds Rate in a target range of 0.000-0.250 percent since December 16, 2008, and the voting members of the Fed are expected to vote “no change” again today.

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Tags: Economy · FOMC · Mortgage Lending

A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

January 27th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

The Federal Open Market Committee voted to leave the Fed Funds Rate within its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to strengthen”, that the jobs markets is getting better, and that financial markets are supportive of growth.

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Tags: FOMC