Annnnnnd we’re back with another Federal Open Market Committee (FOMC) release broken down into common English for you. Doesn’t it seem like it was yesterday when I was breaking down the last release for you all? Did you miss me and my feeble attempts to drive some humor into the FOMC release? I’m sure you recall the Wayne’s World references from last time, right? At any rate, the Fed met again this week to discuss the current state of the economy. It’s a lot of the same stuff from last time, but important nonetheless.
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Tag Archives: Economy
Economy Showing Signs of Recovery – Market Update
If you thought your clocks were the only thing springing forward this weekend, think again. With the unemployment rate holding strong at 8.3%, and payroll numbers beating expectations, it’s clear the economy is ready to jump ahead.
Federal Reserve Release in Common English
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
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
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
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?
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
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
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!
Mortgage rates are smashing records like never before, thanks to the sluggish economy.
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