The Federal Reserve yesterday made an emergency cut to the federal funds rate, citing “evolving risks” stemming from the global coronavirus outbreak.
Tag: Federal Open Market Committee
Fed Holds Line on Benchmark Rates
The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting yesterday with no action on key interest rates.
Fed Holds Line on Benchmark Rates
The Federal Open Market Committee, anticipating no dramatic changes to the U.S. economy in the near future, concluded its two-day policy meeting yesterday with no action on key interest rates.
The Week Ahead
The impeachment trial of President Trump continues in the Senate for a second week, a spectacle that has captured the attention of Washington, as well as people across the country and around the world.
Fed Drops Funds Rate for 3rd Time This Year
The Federal Open Market Committee, as expected, cut the federal funds rate by 25 basis points following conclusion of yesterday’s policy meeting.
The Week Ahead
AUSTIN, TEXAS–MBA NewsLink comes to you this week here from the Mortgage Bankers Association’s Annual Convention & Expo at the Austin Convention Center.