Jerome “Jay” Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation.
What’s Ahead For Mortgage Rates This Week – February 12th, 2018
Tag: Unemployment
What’s Ahead For Mortgage Rates This Week – April 11, 2016
Last week’s economic news included minutes of the most recent Federal Open Market Committee (FOMC) meeting. Weekly reports on mortgage rates and new jobless claims were also released.
What’s Ahead For Mortgage Rates This Week – June 23, 2014
Last week’s scheduled economic news included the National Association of Home Builders/Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference.
FOMC Statement: Quantitative Easing Tapered by $10 Billion
The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fedâs asset purchases.