Archive for October, 2006
Monthly Archive
Wednesday, October 25th, 2006
Follow up: Fed holds as expected
The FOMC statement was mostly unchanged from the previous meeting. The Fed did acknowledge the effect the (drastically!) cooling housing market was having on the economy.
All in all, I think it was a bit more dovish than most were expecting. Dollar bulls certainly didn’t seem to like it. I think it was about right. I […]
2 Comments » - Posted in Money by Steve
Wednesday, October 25th, 2006
Fed expected to remain on hold today
While this blog as has more of a personal finance/business slant, I’m about to “go Econ on your asses” for a minute. Forgive me.
Still reading? Good.
The Fed is largely expected to leave interest rates unchanged today. As is common with the FOMC announcement, what will be most interesting is the statement, which should help us […]
