Archive | Federal Reserve

Fed Minutes

A Divided Fed Reaches Comprise – Mortgage Rates Rise

Wednesday, the Federal Reserve released the minutes from its 2-day meeting September 20-21, 2011. The release shows a divided Fed in disagreement about the current U.S. monetary policy. The group reached compromise for new economic stimulus, however, and maintained its commitment to accommodative interest rates. Wall Street reacted tepidly to the minutes and mortgage rates in […]

Continue Reading 0