Federal releases can be kind of confusing and difficult to understand. Chock full of big words and borderline run-on sentences, it can be very intimidating for the average reader to peruse. So, for your convenience and hopeful enjoyment, I decided to take a stab at breaking it down into common English for you.
Unemployment Rate Lowest Since March 2009
by Eric Mally on December 2, 2011 in Economic Analysis
Much to the surprise of many, the jobless rate unexpectedly fell to 8.6 percent last month from 9 percent in October. This marks the lowest unemployment rate since March 2009.
Unemployment Rate Down Slightly in October
by Eric Mally on November 4, 2011 in Economic Analysis
The unemployment rate dropped marginally this month solidifying Ben Bernanke’s claim that the economy is improving “frustratingly slow.”
FOMC Meeting Ends, Questions Still Remain
by Eric Mally on November 2, 2011 in Economic Analysis
Many were hoping for changes in policy to help foster and stimulate economic growth. If you were betting on big changes, you just got robbed.
Are You Prepared if a Double-Dip Recession Hits?
by Stephanie Koske on October 17, 2011 in Credit & Debt, Home & Family, Personal Finance, Saving
A recession may not be imminent, but the possibility of a future economic downturn leaves no room to be unprepared and without a plan.
Treasuries Are Up, Economic Growth Slowing – Market Update
by Eric Mally on October 13, 2011 in Market Update
China reports that export growth is slowing down, and an increase in treasuries point to slow economic growth.
Concerns of Another Recession Diminishing – Market Update
by Stephanie Koske on October 7, 2011 in Market Update
The recent release of the jobs report finally begins to ease worry over a possible recession.
Freddie Mac Says Mortgage Rates Are Their Lowest Ever. Again!
by Rebecca Carter on September 8, 2011 in Mortgage Rates
Mortgage rates are smashing records like never before, thanks to the sluggish economy.
A Re-run You’ll Like: Mortgage Rates Continue Record-Low Trend
by Rebecca Carter on September 1, 2011 in Mortgage Rates
Grim news for the economy could be good news for you if you’re looking to refinance or buy a home!
Bernanke Speculated to Take Additional Measures to Stimulate Economy – Market Update
by Kristen Curzytek on August 22, 2011 in Market Update
U.S. Treasuries fell on speculation that Federal Reserve Chairman Ben Bernanke will signal additional measures to stimulate the economy which has cooled demand for the safer assets.
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