Federal Reserve

Fed Minutes Predicts Tapering Of Quantitative Easing Program

Fed Minutes Predicts Tapering Of Quantitative Easing Program

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Housing Starts exceeded expectations and also beat October’s reading of 889,000. November housing starts were posted at 1.09 million against a consensus of 963,000. This reading is more in line with the NAHB/Wells Fargo Home builder Market Index, which reached a four month high with December’s reading.

Fed Meeting Minutes Show Hope In Economic Growth

Fed Meeting Minutes Show Hope In Economic Growth

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The minutes of the Federal Reserve’s Federal Open Market Committee meeting held October 29 and 30 were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within domestic and foreign financial markets.