Power Broker Results Top 300
RISMedia's Real Estate Information Network Member Directory
REsource- Real Estate Content Solutions

LendingTree Forecast: Chief Economist Predicts a Rate Pause

Print Article Print Article

 

RISMEDIA, June 25, 2007?The next Federal Open Market Committee (FOMC) meeting will take place on Wednesday, June 27 and Thursday, June 28. LendingTree Chief Economist Jim Svinth forecasts the eighth straight pause in interest rate hikes.

?

“The Fed is stuck in neutral and will likely keep the Fed Funds target at 5.25% at their next meeting,” says Svinth. “The two driving variables right now are the domestic housing market and global inflation risk. The FOMC will continue to watch both of these indicators closely to see which one tips the scale before a rate change is made.”

?

The Federal Reserve pause campaign has lasted nearly one year dating back to August 8, 2006.

?

For more information, visit http://www.lendingtree.com.

?

Join RISMedia on Facebook and share your views on this topic. Visit www.facebook.com/rismedia to continue the conversation!

Looking for fresh, daily content for your blog, newsletter or website? REsource Real Estate Content Solutions provides access to thousands of RISMedia articles and videos starting as little as $9.95 per month! Visit resource.rismedia.com now and get publishing today!

RISMedia welcomes your comments and questions. Email realestatemagazinefeedback@rismedia.com.

Copyright© 2011 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.


© 2012 RISMedia. All Rights Reserved Contact Us | Content Usage and Privacy Policy