The Federal Open Market Committee released on Wednesday its latest statement on the condition of the U.S. economy. Continued improvement and stabilization were seen in several key areas, such as financial markets and consumer spending.
However, the committee, in a unanimous vote, decided to keep the federal funds rate at a target of 0 to 0.25 [...]
All Posts Tagged With: "FOMC"
Fed Sees Continued Economic Improvement, Leaves Key Rate Unchanged
No Housing or Banking Recovery Any Time Soon
After the attempts by the FOMC yesterday to assure people the economy has been ‘leveling’ off, it left a hollow ring in our ears, as news that homes about to go into foreclosure rose by seven percent from just June to July dampened any positive spin attempted by Ben Bernanke and the agency.
According to RealtyTrac, [...]
Discover Card just told me that they are not allowing any balance transfers on any accounts right now. 
Does everyone realize that Citibank owns almost all the credit card divisions of gas card companys and dept. stores including ...
I thought the goal was to increase capital, who would want to lend in this environment of 10% unemployment and ...