Special offer

Federal Reserve Watch: Still no movement expected (June 21, 2011)

By
Services for Real Estate Pros

Forecasting Federal Reserve policy changes in coming months... Given Fed Chairman Bernanke's continued pronouncements, economists do not expect a hike in the Funds Rate any time soon. Note: In the lower chart, a 1% probability of change is a 99% certainty the rate will stay the same.

Current Fed Funds Rate: 0%-0.25%

After FOMC meeting on: Consensus
Jun 22 0%-0.25%
Aug 9 0%-0.25%
Sep 20 0%-0.25%


Probability of change from current policy:

After FOMC meeting on: Consensus
Jun 22      <1%
Aug 9      <1%
Sep 20      <1%

From my weekly enewsletter for real estate pros, INSIDE LENDING, for the week of June 20, 2011

 

Lori Bowers
La Quinta, CA
The Lori Bowers Group

That is great news for all of America

Jun 21, 2011 04:35 AM
Tamara Schuster
Naperville Glen Ellyn Lisle Plainfield Wheaton Illinois - Naperville, IL
Realtor Broker - Naperville

This is good news that I will share.

Jun 21, 2011 04:40 AM