Blog tagged as Fed Funds Rate

FOMC Minutes December 2011The Federal Reserve has released the minutes from its most recent Federal Open Market Committee meeting. The Fed Minutes are a detailed meeting recap; the companion piece to the more brief, more well-known press release.

As a comparison, the minutes of the last FOMC meeting contained 60 paragraphs an...

12.01.12 04:45 PM - Comment(s)
Fed Funds RateMortgage markets improved last week, but by a slight amount only; not enough to move conventional mortgage rates in Virginia in any significant manner. Wall Street watched as Eurozone leaders expressed little willingness to increase aid programs within the region, and as the Federal Reserve vot...
19.12.11 04:45 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 nearly unanimous for the second straight month. Just one FOMC member dissented in the vote, favoring additional policy stimulus beyond what the F...

13.12.11 10:35 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 nearly unanimous, with just one dissenting voter. There were 3 dissenters at each of the FOMC's last two meetings.

In its press release, the Fed...

02.11.11 07:45 PM - Comment(s)

Comparing the Fed Funds Rate to Mortgage RatesThe Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall.

The FOMC is a 12-person sub-committee within the Federal Reserve. It's the group responsible for setting the nation's monetary policy ...

01.11.11 03:45 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 7-3 -- the second straight meeting at which the FOMC adjourned with as many 3 dissenters. Prior to that last meeting, there hadn't been 3 FOMC ...

21.09.11 09:52 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 7-3 -- the second straight meeting at which the FOMC adjourned with as many 3 dissenters. Prior to that last meeting, there hadn't been 3 FOMC ...

21.09.11 09:48 PM - Comment(s)

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)
It's no secret. Rates are low right now. And, it's not just mortgage rates, either -- all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels. As a homeowner in Midlothian , one way to take capitalize on today's ...
14.09.11 04:03 PM - Comment(s)

Fed Funds rate vs Mortgage Rates 2000-2011Last week, at its 5th scheduled meeting of the year, the Federal Open Market Committee voted to leave the Fed Funds Rate in its target range near zero percent.

The Fed Funds Rate has been near zero percent since December 2008 and, in its official statement, the FOMC pledged to leave the Fed Funds Rat...

19.08.11 04:05 PM - Comment(s)

Last week, the Federal Reserve pledged to leave the Fed Funds Rate near 0.000 percent until at least mid-2013. For credit card holders in Virginia who carry a monthly balance, this is good news. Because of the Fed's call, credit card rates are unlikely to rise before mid-2013.

But cardholders can sav...

18.08.11 04:12 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)

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