2 Articles match "2007","August","New York"

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Back to Wait and See for the Fed
percent back in August 2007 down to 2 percent last month, the Fed has decided to go back to the wait-and-see stance Chairman Ben Bernanke established when he first took over the reins of the agency back in August 2006. This move by the Fed is recognition of the fact that further increases in oil prices threaten the economy by pushing up prices in goods and services, according to the New York Times . The Federal Open Market Committee took the advice Wednesday of all the financial analysts and market watchers and did absolutely nothing with the short term Federal Funds Rate (FFR). After whittling away at the rate over time from a high of 5.25
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
Home prices in its original composite 10 metro areas fell to a new record low, down 16.9 percent from May 2007 to a level below where home prices stood back in January 2000. Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie,
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • Back to Wait and See for the Fed
    percent back in August 2007 down to 2 percent last month, the Fed has decided to go back to the wait-and-see stance Chairman Ben Bernanke established when he first took over the reins of the agency back in August 2006. This move by the Fed is recognition of the fact that further increases in oil prices threaten the economy by pushing up prices in goods and services, according to the New York Times . The Federal Open Market Committee took the advice Wednesday of all the financial analysts and market watchers and did absolutely nothing with the short term Federal Funds Rate (FFR). After whittling away at the rate over time from a high of 5.25
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Home Prices Fall Deeper Into the Abyss
    Home prices in its original composite 10 metro areas fell to a new record low, down 16.9 percent from May 2007 to a level below where home prices stood back in January 2000. Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . In the movie,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE