Fed Minutes Show An Improving U.S. Economy,
But Threatened By The Eurozone
Written on January 12, 2012 by FHA 203K Network Bloggers
r
The Federal Reserve has released the minutes from its most recent Federal Open Market Committee meeting. The Fed Minutes are a detailed meeting recap; the companion piece to the more brief, more well-known press release.
r
As a comparison, the minutes of the last FOMC meeting contained 60 paragraphs and 7,027 words. The post-meeting press release was just 5 paragraphs and 382 words.
r
December’s Fed Minutes shows Fed members with a positive, cautious, take on the economy.
r
Recent data suggests that the U.S. economy is expanding, the Fed said, but “strains” in global financial markets pose “significant risks” to the downside. This tell us that the Fed believes its economy-stimulating programs are working, but that officials remained concerned by events in the Eurozone.
r
The U.S. economy could be impacted by fallout.
r
Other meeting consensus included:
r
-
On growth : The economy is expanding, despite slowing in “global economic growth”
-
On housing : Data suggests the “depressed” market “could be improving”
-
On inflation : Prices are stable, and remain within tolerance levels
t
The Fed’s analysis was of little surprise to Wall Street, and going forward, Fed Chairman Ben Bernanke wants to keep it that way. The Fed Minutes contained a passage regarding market communication, and how the Fed will be more pro-active about it in the future.
t
With the release of its minutes, in a section called “Market Policy Communications”, the Federal Reserve showed its plans to release 4 times annually its economic forecasts, and plans for the Fed Funds Rate. This signals in a shift in Federal Reserve transparency.
r
The Federal Reserve will begin including the forecast in its economic projections beginning after its next policy meeting, January 24-25, 2012.
r
Mortgage rates were little changed after the release of the Fed Minutes.
r
Mortgage rates continue to be at record lows, but with positive indicators in the U.S. don’t expect it to remain that way for long. Home values appears to of bottomed and home prices are expected to have modest gains in 2012. If you’ve been thinking about purchasing a home now is the time to contact any one of the Realtors on our fb Home Buyer’s Educational Page to start shopping for the home of your dreams.
r
Waiting much long could cause you to pay more not only in price, but interest rate as well.
Free WordPress Blogs for Realtors
You can find me Saturday mornings from 10 to 12 CST
on Facebook if you need assistance building your own WP Blogs
It’s recommended you have a WordPress account set up and although not required PowerPoint and programs like PhotoShop can be useful tools when creating a Real Estate Marketing Blog. That said, WP has some exceptional Themes if you don’t have these programs that will give you the style you’re looking for.
Check out our Distressed Home Marketing Tools for Realtors.
Great Reading for Home Buyers to.
Large Power Point Presentations MAY need to be downloaded directly from Slidehare
SHORT SALES & FHA 203K OR FNMA HOMESTYLE
FHA 203K ~ A DISTRESSED HOME MARKETING TOOL FOR REALTORS
FANNIE MAE HOMESTYLE ~ A DISTRESSED HOME MARKETING TOOL FOR REALTORS
