Summerville, SC- Today at 2:00 PM Ben Bernanke of the FED will be holding a press conference to explain the details and resolve any ambiguities of what the FED plans to do in the next coming months and years. Currently the FED is more aggressive today than they were in 2008 when the economy was not functioning as well as it today. Rates could be effected severely in the next couple days. Everyone has guessed that the FED will begin to pull back its bond buyback program known as quantitative easing. The number most economist are thinking would be acceptable with the economy and with our bond and stock markets is a pull back of 10 billion dollars. If this is the number that is reached we could see a small knee jerk reaction in rates and the markets. If it is below or higher than this number the volatility during the next couple days and weeks could be greater than what we saw 45 days ago.
Submitted for Marie-Anne Stabenau by Ginenne M. Rife. Ginenne is affiliated with American Equity Mortgage, and is a Licensed Mortgage Loan Officer in NC/SC. Please call or email her for a free mortgage loan analysis and further explanation of this article. (803)403-2336, firstname.lastname@example.org
Author:Connie White Phone: 843-532-3356 Dated: September 18th 2013 Views: 4,548 About Connie: My personal venture into real estate was driven by the desire to provide an enjoyable environme...
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