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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group – (602) 502-9693

Jonathan Dalton
REALTOR
ePro, SFR
602-502-9693

Federal Reserve

Bernanke Declares the End of the World is Near

Did you hear the news yesterday? From the CNNMoney article … If unemployment falls to 7% by mid-2014, the Federal Reserve will stop buying U.S. bonds and mortgage backed securities, he said. That’s the first hard number the Fed has given for when it may end its stimulus policy, known as quantitative easing. For now, though, the Fed’s policy and pace of asset purchases remains unchanged. “The fundamentals look a little better to us, in particular the housing sector,” Bernanke said. “State and local governments are now coming to a position where they don’t have to lay off a lot of workers. […]

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