Real estate blog entries tagged with fed stands still time to make your move by David Edwards (Keller Williams Realty Southeast Sound)

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Home : Blogs : David Edwards : David's Blog : Tag "fed stands still time to make your move"

fed stands still time to make your move: Fed Stands Still - Time to Make Your Move - 08/19/08 10:40 PM

Posted by David Edwards under For Buyers, General Information, News & Media
Federal Reserve held the line on Tuesday-leaving the Fed Funds Rate at 2.00% for the third straight meeting. The decision, however, was anything but cut-and-dry.
Earlier in the week, the Personal Consumption Expenditure data indicated that inflation climbed 0.8% overall in June, which is the highest inflation jump in 27 years. In addition, the report indicated that inflation now sits at 2.3%-above the Fed's desired range of 1-2%.
Although the Fed ultimately left interest rates unchanged, inflation obviously remains a concern and the recent rise may lead to an … (1 comments)

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David Edwards

Renton, WA

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Keller Williams Realty Southeast Sound

Address: 560 Naches Ave SW #100, Renton, WA, 98057

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