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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...

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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