Wednesday, July 27, 2016

Despite "largely positive" news, FOMC holds on raising interest rates in July

The Federal Open Market Committee chose to forgo raising the federal funds rate in its latest July meeting as the market starts to recover from the initial impact of Brexit. The news, however, appeared more upbeat, leaving people to question what will happen in the next meeting. As it stands, there are only three meeting left this year. http://www.housingwire.com/articles/37639-despite-largely-positive-news-fomc-holds-on-raising-interest-rates-in-july ❤️ #share #mortgage



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