Archive for 'FOMC' Category
Rates Up On GSE Concerns
14 July 2008Bonds are up today and the stock markets are down, yet rates will rise about .25 to the points today as investors react on their concern over the status of Freddie Mac and Fannie Mae, the two Government Sponsored Entities (GSE)s that have recently fallen into crisis, and have had recently received the support of [...]
Fed Warns of Economic Downturn
8 April 2008The FOMC minutes were released this afternoon. Prices may increase in afternoon revisions to .375 lower on price. The Fed voiced that they were relatively convinced the economy will have contracted in the 1st Quarter of this year and were concerned about a sustained downturn in the economy. The noted that the housing sector shows [...]