6/25 FOMC Statement

The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.
Recent information indicates that overall economic activity continues to expand, partly reflecting some firming in household spending. However, labor markets have softened further and financial markets remain under considerable stress. Tight credit conditions, the ongoing housing contraction, [...]

June 24th – What we’re reading

US consumer spending remains resilient
Yielding to Corporate Bonds
Home-Price Gains Are Erased
Supreme Court news
Senator mortgage scandal
TSLF demand continues to fall
TAF going strong

June 19th – What we’re reading

Global Central Bank Focus
AT&T paying apple $325 – $425 subsidy for each iPhone 3G sold in USA
FINVIZ.com – stock market portal
Obama will not use public financing
China raising energy prices