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Here's recent history of the Fed’s policy committee and its Fed Funds rate. Next Fed decision is June 24/25.
Poll: What will Fed do next?
August 5th, 2008, 5:00 pm · 7 Comments · posted by Diana McCabe
The Federal Reserve left rates unchanged at 2% at its latest meeting even as the U.S. economy continues to stall, the housing market is at a crawl and consumer prices are up. What’s the Fed’s next move?
What do you think the Fed will do next?
Related stories
- Fed stands pat at 2% rate
- Insider Q&A hears Fed will ’sit tight’ on rates
- Fed no longer sees Western housing pickup
- Pimco’s Gross thinks Fannie/Freddie ‘bailout’ may aid borrowers
- O.C. buyers go ga-ga for fixed-rate loans
- Fed official sees home-price dips ‘well into 2009′
August 5th, 2008 at 9:46 pm
What will the Fed do?
Ummm. Inflate.
August 5th, 2008 at 10:20 pm
Bill - where in the OC is LA?
August 5th, 2008 at 11:28 pm
A Buyer-
I agree. There is no “OC” in LA County, which the article sites.
August 5th, 2008 at 11:48 pm
The Fed will keep interest rates well into negative territory, keep buying gold folks.
Those option ARMs are next. And man is it going to be ugly. So many people out there have no idea when their option ARM resets or what it will reset to.
They were just paying the minimum on an asset that “always goes up.”
Yikes. Honestly, we could lose 85% in OC.
I’ll be the first to say it. 85%.
August 6th, 2008 at 12:21 pm
That was a separate article.
The pre-foreclosure information was gathered from other sources.
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