The Federal Reserve’s post-recovery plan

The Federal Reserve is now looking to the future to figure out their plan for once the economy has recovered. The Fed doesn’t intend to make changes until a solid recovery has occurred, which they anticipate will be at least three years from now. Their new goals will be to maintain stable prices, maximum employment,… Continue reading The Federal Reserve’s post-recovery plan

$ Money Matters $

Photo by Vladimir Solomyani on Unsplash

The Federal Reserve Bank (the Fed) moved to lower the federal funds rate by a half-point to a range of 1% to 1.25% March 3 in response to the “evolving risks” of the COVID-19 corona virus outbreak. The Fed doesn’t directly impact housing loans, but they generally move in tandem. Mortgage rates in the U.S.… Continue reading $ Money Matters $