Do you know about - April 25th 2012 CNBC Stock Market (FOMC Meeting Announcement)
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April 25th 2012 CNBC Stock Market (FOMC Meeting Announcement) Video Clips. Duration : 12.03 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Rates Forecast . 4/25/2012 - CNBC Stock Market (FOMC Meeting Announcement). The Fed kept policy rates unchanged and near zero with the funds target rate remaining at a range of zero to 0.25 percent. The key wording on policy guidance also is unchanged with the Fed continuing to state that economic conditions are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. Regarding the economy, the Fed has retained essentially the same characterization as in March though one might see very marginal positive comments about labor market improvement. Overall, the Fed sees the economy as "expanding moderately." But the labor market comments are cautionary. "Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated." The meeting statement is rather general in its commentary about the economic outlook, but at first glance, the Fed forecasts for the economy appear to be little changed, suggesting very gradual improvement in growth and an easing in inflation. We will get more details on the forecast at 2:00 pm ET when forecast tables are released. "The Committee expects economic growth to remain moderate over coming quarters and then to pick up gradually. Consequently, the Committee anticipates that the unemployment rate will decline gradually toward levels that it judges to be consistent with its dual mandate. Strains in global financial markets continue to pose significant downside risks to the economic ...
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