Home / Tag Archives: Consumer Confidence (page 8)

Tag Archives: Consumer Confidence

FOMC Issues Mortgage Rate Warning

The FOMC voted Wednesday to continue its policy of near-zero interest rates and its $85-billion-per-month bond-buying program. In a subtle change of language designed to assuage nervous stock investors, the FOMC statement said the committee ""reaffirmed its view that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the asset purchase program ends and the economic recovery strengthens.""

Read More »

Consumer Confidence Lowers in July

The Conference Board's Consumer Confidence Index, which had increased for the third straight month in June, pulled back to 80.3 in July as its two sub-components moved in different directions. ""Consumer Confidence fell slightly in July, precipitated by a weakening in consumers' economic and job expectations,"" said Lynn Franco, director of economic indicators at the Conference Board. ""Consumers' assessment of current conditions continues to gain ground and expectations remain in expansionary territory despite the July retreat.""

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.