Last week’s scheduled economic news included the National Association of Home Builders/Wells Fargo Housing Market Index, Housing Starts and Building Permits. The Fed’s Federal Open Market Committee (FOMC) issued its usual statement at the conclusion of its meeting, and Fed Chair Janet Yellen also gave a press conference.
FOMC Statement: Quantitative Easing Tapered by $10 Billion
The Federal Open Market Committee (FOMC) determined that current economic conditions warranted another $10 billion reduction in the Fedâs asset purchases.
