Dollar Moves on U.S. Housing Market Data
March 18, 2009 8:00 am by Dan EduardThe Dollar recorded a volatile trading session on Tuesday after U.S. data showed that the construction of new houses increased by an unexpected 22%. In some cases in Dollar trading, this positive news went against the greenback, as many investors ...
U.S. Federal Funds Rate – January 2009
January 28, 2009 9:21 am by Russell GlaserThe U.S. Federal Funds Rate, or Interest Rates, is the rate at which banks lend balances held at the Federal Reserve to other banks overnight. This figure is released 8 times each year. It is important because short-term interest rates ...
U.S. Interest Rate Cuts Cause Volatility All Across the Board
December 19, 2008 11:39 am by AylonThe Fed lowered rates by 0.75 points on Tuesday December 16th; one of the dramatic moves in a bid to jumpstart the faltering U.S. economy. With rates near zero, the Fed said it would employ "all available tools," echoing Japan's ...
Federal Funds Rate Forecast Oct 2008
October 28, 2008 1:49 pm by Russell GlaserWhat is the U.S. Federal Funds Rate? The U.S. Federal Funds Rate, or Interest Rates, is the rate at which banks lend balances held at the Federal Reserve to other banks overnight. This figure is released 8 times each year. It ...
What is the Beige Book?
October 16, 2008 12:05 pm by Greg HoldenThis report is more formally known as the "Summary of Commentary on Current Economic Conditions." It is a summary of anecdotal data compiled through surveys and interviews conducted by the 12 branches of the Federal Reserve Bank in each of ...
What is the “US Federal Funds Rate?”
September 17, 2008 12:33 pm by Russell GlaserThe US Federal Funds Rate, or Interest Rates, is the rate at which banks lend balances held at the Federal Reserve to other banks overnight. This figure is released 8 times each year. It is important because short-term Interest Rates ...
