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A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)

by Jon Terry | Jun 27, 2012 | Blog, Federal Reserve, Mortgages

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive meeting, the Fed Funds Rate vote was nearly unanimous.  Just one FOMC member, Richmond Federal...

Fed Minutes Causes Mortgage Rates To Rise Suddenly

by Jon Terry | Apr 4, 2012 | Blog, Federal Reserve, Mortgages

The Federal Reserve has released the minutes from its last FOMC meeting, a 1-day affair held March 13, 2012. Mortgage rates in Colorado are rising on the news.   For the un-indoctrinated, 3 weeks after it meets, the Federal Open Market Committee, the sub-group within...

A Simple Explanation Of The Federal Reserve Statement (December 13, 2011 Edition)

by Jon Terry | Dec 13, 2011 | Blog, Federal Reserve

Tuesday, 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...

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