Wednesday, the Federal Reserve released the minutes from its 2-day September meeting. The release shows a divided Fed in disagreement about the current U.S. monetary policy.
Fed Minutes : A Fed Divided Reaches Comprise
- By Phillip Cantrell
- Posted
FOMC
A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)
- By Phillip Cantrell
- Posted
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates
- By Phillip Cantrell
- Posted
The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile.
Fed Minutes : Fed Considered Additional Stimulus In August
- By Phillip Cantrell
- Posted
The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday.
Mortgage Rates Don't Move With The Fed Funds Rate
- By Phillip Cantrell
- Posted
Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here's a chart that proves it.
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