by michaelzadeh | Nov 5, 2021 | Financial Reports
The Federal Reserve’s Federal Open Market Committee considered easing monetary accommodations implemented in response to stronger economic conditions according to its post-meeting statement issued November 3. The Fed started making trillions in monthly bond purchases when the pandemic started but slowed its purchasing pace to $120 billion per month in June 2020. The Fed will soon reduce its monthly bond purchases to $105 billion monthly.
by michaelzadeh | Aug 16, 2021 | Financial Reports
Last week’s economic reporting included readings on job openings, inflation, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released.
by michaelzadeh | Jul 19, 2021 | Financial Reports
Last week’s scheduled economic reports included readings on inflation, Fed Chair Jerome Powell’s testimony before the House Financial Services Committee, and the University of Michigan’s Consumer Sentiment Index. Weekly readings on mortgage rates and jobless claims were also released.
by michaelzadeh | Jun 18, 2021 | Financial Reports
The Federal Open Market Committee of the Federal Reserve said in its post-meeting statement that the Federal Reserve expects to raise its benchmark interest rate range twice during 2023. No rate changes will be made during 2022 as the economy continues to recover from the Covid-19 pandemic. The Fed’s current interest rate range is 0.00 to 0.25 percent.
by michaelzadeh | Mar 15, 2021 | Financial Reports
Last week’s economic reporting included data on inflation and job openings, and weekly readings n mortgage rates, and jobless claims.
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