economic activity: FEDERAL RESERVE PRESS RELEASE & FLORIDA MORTGAGE LOAN RATES MOVE | Fed - 07/31/14 07:49 AM
Fed - FEDERAL RESERVE PRESS RELEASE & FLORIDA MORTGAGE LOAN RATES MOVE Fed:
Fed: Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter. Labor market conditions improved, with the unemployment rate declining further. However, a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Fiscal policy is restraining economic growth, although the extent of restraint is diminishing. Inflation has moved somewhat … (2 comments)

economic activity: FEDERAL RESERVE Press Release - 06/20/13 03:37 AM

Release Date: June 19, 2013
For immediate release
My view comments in red:
Now
Information received since the Federal Open Market Committee met in May suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown further improvement in recent months, on balance, but the unemployment rate remains elevated. Household spending and business fixed investment advanced, and the housing sector has strengthened further, but fiscal policy is restraining economic growth. Partly reflecting transitory influences, inflation has been running below the Committee's longer-run objective, but longer-term inflation expectations have remained stable.
 
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Christian Penner, Mortgage Broker Owner - 561-316-6800 | 561-373-098 (America’s Mortgage Solutions | The Christian Penner Mortgage Team)

Christian Penner

Mortgage Broker Owner - 561-316-6800 | 561-373-098

West Palm Beach, FL

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