Category Archives: FOMC

A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)

Posted on March 15, 2011 by Michael Addison

Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0. Continue reading →

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Your Mortgage Rate Strategy For Today’s FOMC Meeting

Posted on March 15, 2011 by Michael Addison

The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members. Continue reading →

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