FOMC – Page 3 – George Duarte | Horizon Financial Associates

What’s Ahead For Mortgage Rates This Week – August 3, 2015

August 3, 2015 George Duarte Market Outlook Comments Off

Last week’s scheduled economic reports included the Case-Shiller 20 and 20-City Index reports, pending home sales data released by the National Association of RealtorsÂ® and the scheduled post-meeting statement of the Federal Reserve’s Federal Open Market Committee. This week’s economic calendar includes reports on consumer spending, core inflation and consumer spending. July readings on Non-Farm Payrolls and the national unemployment rate will also be released along with regularly scheduled weekly reports on new jobless claims and mortgage rates.

Federal Reserve FOMC Announcement

July 30, 2015 George Duarte Market Outlook Comments Off

The stage was set in high suspense for FOMC’s post-meeting announcement on Wednesday. As fall approaches, analysts and the media are looking for any sign of when and how much the Fed will raise its target federal funds rate. According to CNBC, some analysts were projecting two interest rate hikes before year end, but the truth of the matter remains unknown until the Federal Open Market Committee announces its intentions.

What’s Ahead For Mortgage Rates This Week – July 13, 2015

July 13, 2015 George Duarte Market Outlook Comments Off

Last week’s scheduled economic events were few due to the Independence Day holiday. Freddie Mac’s weekly survey of mortgage rates brought good news as mortgage rates fell across the board. The Federal Reserve released the minutes of its most recent Federal Open Market Committee (FOMC) meeting and weekly jobless claims rose.

What’s Ahead For Mortgage Rates This Week – June 22, 2015

June 22, 2015 George Duarte Market Outlook Comments Off

Last week’s economic news included National Association of Home Builders / Wells Fargo (NAHB) Housing Market Index and Commerce Department reports on Housing Starts and Building Permits, the post-meeting statement of the Fed’s Federal Open Market Committee (FOMC), and Fed Chair Janet Yellen’s scheduled press conference.

Federal Reserve: No Change on Target Fed Funds Rate

June 18, 2015 George Duarte Market Outlook Comments Off

The Federal Open Market Committee (FOMC) of the Federal Reserve did not move to increase the Fed’s target federal funds rate, which is currently 0.00 to 0.250 percent. Although the committee acknowledged further progress toward…

What’s Ahead For Mortgage Rates This Week – May 4, 2015

May 4, 2015 George Duarte Market Outlook Comments Off

Last week’s economic news included Case-Shiller Home Price Index reports, the Fedâs FOMC meeting statement and pending home sales. Freddie Mac mortgage rates and weekly jobless claims were also released as usual.

What’s Ahead For Mortgage Rates This Week – April 13, 2015

April 13, 2015 George Duarte Market Outlook Comments Off

Last weekâs economic news included the minutes from the most recent FOMC meeting, which indicated that the Fedâs monetary policymakers are eyeing a potential increase in the target federal funds rate, but donât expect to do so immediately.

FOMC Minutes: Housing Market Stable But Slow

April 9, 2015 George Duarte Market Outlook Comments Off

The minutes of the March meeting of the Fedâs Federal Open Market Committee (FOMC) were released Tuesday and included a staff review of current economic conditions. The minutes noted that while labor markets continued to grow, inflation to the Fedâs target rate of 2.00 percent was impeded by dropping fuel prices. The Committee noted that expectations for longer-term inflation remained stable.

What’s Ahead For Mortgage Rates This Week – March 23, 2015

March 23, 2015 George Duarte Market Outlook Comments Off

Last weekâs events included the National Association of Home Builderâs Housing Market Index, which fell to its lowest reading since last summer. Other news included reports on housing starts and building permits, the FOMC meeting statement and Fed Chair Janet Yellenâs press conference.

FOMC Statement: Federal Reserve Discusses Rate Increase, But Concerned About Growth

March 19, 2015 George Duarte Market Outlook Comments Off

The post-meeting statement of the Federal Reserve’s Federal Open Market Committee indicated that while the Fed is considering raising its target rate as early as June, the agency is in no hurry to cast anything in cement. The statement cited stronger labor markets and low unemployment rates as encouraging, but noted that FOMC members remain concerned about economic growth due to low inflation failing to meet the FOMC goal of two percent.

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