Sep 19 2013
Fed, in Surprise Move, Leaves Bond-Buying Intac
Posted in News
No Comments
Fed, in Surprise Move, Leaves Bond-Buying Intac
BREAKING NEWS – Wednesday, September 18, 2013 2:18 PM EDT
The Federal Reserve postponed any retreat from its long-running stimulus campaign Wednesday, saying that it would continue to buy $85 billion a month in bonds to encourage job creation and economic growth.
As Congressional Republicans and the White House hurtle toward another showdown over federal spending, the Fed said it was concerned that fiscal policy once again “is restraining economic growth,” threatening to undermine what the Fed had described just months ago as a recovery gaining strength.
Stock markets jumped after the 2 p.m. announcement, with the Standard & Poor’s 500-stock index touching a record high and the Dow Jones industrial average ahead more than 100 points.
Featured Properties
785 Virginia Pl, San Marcos, CA 92078, USA $ 140,000.00
Property will only be sold in conjunction with adjacent parcels (APN’s 219-050-22-00 & 219-050-23-00) for a combined 2.35 Acres. Build a custom estate home or subdivide to build multiple homes. 3 bedroom, 2 bath home w/2Car Garage currently located on adjacent property. Sales price for all 3 parcels is $750,000. CAUTION, DO NOT STOP YOUR…
Allea Ln Vista CA 92083 $ 140,000.00
Price reduced! Large, level lot at the end of a cul de sac. Utilities and water at lot. Buyer and buyers agent can verify utility and zoning information with the proper agencies. Other Fees: 0
420 Villa Palm Springs CA 92262 $ 140,000.00
Palm Springs Villa condo is now available to own. The condo has been remodeled in the living room, dining area and bedroom. BRAND NEW 2.5 Ton A/C! This desirable unit is located next to the community pool and spa, and also overlooks the gorgeous mountain views. Palm Springs Villas offers its residents friendly neighbors, swimming…
Exa Ely Rd Temecula CA 92592 $ 140,000.00
This one of a kind Lake View Property has a 360 view including Vaile Lake, Mount Palomar, San Jacinto and San Bernardino Mountains. Unobstructed views of sunrise and sunset. 23.69 acre lot and surrounding areas offer endless recreational opportunities including hiking, horse riding and fishing. You will experience unique opportunities to watch native birds and…