by John Evans | Aug 6, 2019 | Federal Reserve
The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point...
by John Evans | Feb 4, 2014 | Federal Reserve
According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed’s monthly asset purchases. The adjustment will be made in February and cuts monthly purchases of mortgage...
by John Evans | Dec 19, 2013 | Federal Reserve
Housing Starts exceeded expectations and also beat October’s reading of 889,000. November housing starts were posted at 1.09 million against a consensus of 963,000. This reading is more in line with the NAHB/Wells Fargo Home builder Market Index, which reached a...
by John Evans | Nov 21, 2013 | Federal Reserve
The minutes of the Federal Reserve’s Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and...
