JDFN Financial Network

April 2010 Blog Posts (2)

FOMC

Release Date: March 16, 2010

For immediate release

Information received since the Federal Open Market Committee met in January suggests that economic activity has continued to strengthen and that the labor market is stabilizing. Household spending is expanding at a moderate rate but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software has risen…

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Added by Adam Horak on April 6, 2010 at 2:19pm — No Comments

surprise FOMC meeting

Price actions has been mixed today throughout the US session as the FED started its surprise FOMC meeting today at 1530 GMT time. The USD is likely to face increased volatility throughout the first part of the trading week as the FED may look to adjust the discount arte by 25 bps to 0.75% following February’s adjustment. According to the FOMC “these changes are intended as further…

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Added by Adam Horak on April 5, 2010 at 2:09pm — No Comments

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