While the nation is expanding at a moderate pace, housing continues its slow trudge forward, according to the minutes for the federal open market committee‘s Dec. 16-17 meeting. “The pace of activity.
Fed minutes: "Housing sector generally remained slow" Although the nation is improving at a moderate pace, housing is struggling to keep pace as reports during the intermeeting period painted a less than hot market..
What to watch before Fed starts unwinding. Investors are hoping that the release this Thursday of minutes from the central bank’s November meeting may finally shed some light on policy makers’ thinking. 28 Nov, 2018, 10.11AM IST
Almost All Fed Officials Saw Rate Hike Warranted Fairly Soon – fed minutes article stock Quotes (2) Comments (0) FREE Breaking News Alerts from StreetInsider.com!
· Fed minutes: Another rate hike likely soon’ The minutes of the Fed’s May 1-2 meeting showed that officials were generally upbeat about the prospects for the economy
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Fannie Mae debuts "risk-sharing" mortgage-backed security Fed minutes: "Housing sector generally remained slow" Minutes of the federal open market committee. december 16-17, 2014. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, December 16, 2014, at 1:00 p.m. and continued on.
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"The pace of activity in the housing sector generally remained slow" over the intermeeting period, the minutes said. Both starts and permits of new single-family homes increased only a little.
The sector has used a number of tools to strengthen capital structures and continued improvement in operating fundamentals, resulting in a stable outlook for REITs, according to Moody’s Investor Service. Fed minutes: "Housing sector generally remained slow".
· According to yesterday’s Federal Reserve minutes, the answer is: It’s not around the corner. The central bank is likely to hold off on any rate hike or cut this year – though they did not.
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