Blog categorized as Federal Reserve

Comparing 30-year fixed to Fed Funds Rate (1990-2011)

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.

The FOMC is a designated, 12-person committee within the Federal Reserve, led by Fed Chairman Ben Bernanke. The FOMC is the voting memb...

21.09.11 04:05 PM - Comment(s)

FOMC Minutes August 2011

The Fed publishes meeting minutes 8 times annually -- three weeks after each scheduled Federal Open Market Committee get-together. The Fed Minutes summarizes the FOMC meeting.

The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday...

31.08.11 04:03 PM - Comment(s)

Putting the FOMC statement in plain EnglishTuesday, 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 vote was 7-3 — the first time in 5 meetings that the nation's Central Bank was non-unanimous and the first time since 1992 that the FOMC adjourned with as...

09.08.11 09:56 PM - Comment(s)
FOMC meeting on TuesdayMortgage markets were especially volatile last week, taking rate shoppers in Virginia on a roller-coaster ride. The week's news schedule was full. It included debt ceiling debates, jobs figures, and ongoing maneuverings within the Eurozone. Each story a material impact on mortgage rates and, as...
08.08.11 03:45 PM - Comment(s)

FOMC Minutes June 2011The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises and, as such, mortgage rates in Virginia have idled in the hours since.

The Fed Minutes is published 8 times annually, three weeks after each scheduled Federal Open Market ...

13.07.11 04:00 PM - Comment(s)

Putting the FOMC statement in plain EnglishWednesday, 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 vote was 10-0 -- the fourth straight unanimous vote for the nation's Central Bank.

In its press release, the FOMC said that the economy is recovering, al...

22.06.11 08:13 PM - Comment(s)

FOMC Meeting MinutesThe Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened; rates in Virginia are higher by 1/8 percent this morning, at least.

The "Fed Minutes" is published 8 times annually, three week after...

19.05.11 04:08 PM - Comment(s)

Putting the FOMC statement in plain EnglishEarlier today, 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 vote was 10-0 -- the third straight meeting after which the FOMC vote was unanimous.

In its press release, the FOMC noted that since its March 2011 m...

27.04.11 08:12 PM - Comment(s)
Fed Funds Rate and Mortgage Rates 1990-2011 The Federal Open Market Committee starts a two-day meeting today, the third of its 8 scheduled meetings this year. The FOMC is a special, 12-person committee within the Federal Reserve. It's led by Fed Chairman Ben Bernanke and the group is responsible for voting on our nation's monetary policy. Th...
26.04.11 04:09 PM - Comment(s)

Fed Minutes March 2011The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy.

The minutes' official name is "Fed Minutes". It's a periodic publication, published 3 weeks after each meeting of the Federal Open...

06.04.11 04:06 PM - Comment(s)

Putting the FOMC statement in plain EnglishToday, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent.

The vote was 10-0.

In its press release, the FOMC noted that since its January 2011 meeting, the economic recovery "is ...

15.03.11 09:45 PM - Comment(s)

Fed Funds Rate Nov 2007 - March 2011The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members.

The FOMC's official schedule calls for 8 meetings annually at which it reviews the nation's economic and financial c...

15.03.11 03:45 PM - Comment(s)

FOMC November 2010 MinutesThe Federal Reserve released its January 25-26, 2011 meeting minutes Wednesday afternoon. Virginia mortgage rates have been in flux since.

Fed Minutes are comprehensive recaps of Federal Open Market Committee meetings; a detailed look at the debates and discussions that shape our nation's moneta...

18.02.11 05:45 PM - Comment(s)

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