Jury Still Out as to Whether or Not Fed Will Cut Rates
Today is the last day of the Federal Reserve meeting where the Fed is still expected to lower rates despite unexpected signs of strength in the economy.
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Archive for the 'Federal Reserve' Category (Chronologically Listed)
Rate Cuts Expected This Week
Previously we had about a fifty fifty verdict as to whether or not the Federal Reserve will cut rates come this Wednesday, but it seems now more people are leaning towards a quarter rate cut.
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Frederick Mishkin Discusses the Federal Reserve at the Museum of American Finance
Frederick Mishkin, board member of the Federal Reserve since September 2006, stated at a meeting on Friday that the reason for the market problems that we have been experiencing is because of asymmetric information. Mishkin’s explanation of the market was much of the same information we heard from Randall S Kroszner’s speech about the housing market on the 22nd, another board member of the federal reserve.
Posted by Ryan Fiore on Oct 28 2007 under Federal Reserve, Frederick Mishkin, Housing Market, Mortgage Lending
Govenor Randall S. Kroszner Discusses Market Recovery
In a meeting Monday morning at the Institute of International Bankers Annual Breakfast Decalogue in Washington D.C. Kroszner discussed an overview of the market, what happened and what needs to happen.
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Bernanke Speaks at the Economic Club in New York
At this speech Ben Bernanke, Chairman of the Federal Reserve, stated that the past several months have been an eventful period for the US economy. That many of the financial markets have had increased concerns about credit quality because of investor fear.
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Posted by Ryan Fiore on Oct 16 2007 under Adjustable-Rate Mortgages, Ben Bernanke, Federal Reserve, Housing Market, Mortgage Advice, Mortgage Applications, Mortgage Lending