Sep 18 2013
Fed, in Surprise Move, Leaves Bond-Buying Intac
Posted in News
No Comments
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
1382 Crystal Palm Springs CA 92264 $ 749,999.00
South End Palm Springs! Close To Public Golf, Walking Trails, Shopping And Dining! As You Enter Through The Archway Of The Gated Courtyard You Are Welcomed By A Large Landscaped Patio With Views Of The Gorgeous Mountains. Through The Front Door You Are Lead To The Living Room With Fireplace And Large Dining Area. Kitchen…
28782 Lajos Lane Valley Center CA 92082 $ 820,000.00
Social Distance in Style when you come home to this custom Ranch Style Craftsman’s delight on 2.3 acres with beautiful tree lined views of the Valley Center area. This 3 bedroom 2 and a half bathroom home has an additional bonus room that can be used as an additional bedroom or guest suite. There is…
44665 Vail Oak Temecula CA 92592 $ 540,900.00
Beautiful 4 bedroom, 2.5 bathroom, 2 story home on a corner lot in the gated community of Vail Creek in Temecula! Enjoy an open floor plan, high ceilings, and an inviting fireplace. The gourmet kitchen offers a center island, pantry, tile countertops, and white appliances. The primary bedroom offers a walk-in closet, a soaking tub…
525 El Norte Escondido CA 92026 $ 355,000.00
Gorgeous home located on a corner lot directly across from the lower clubhouse in a desirable land-owned 55+ senior park. Extremely well kept showing pride of ownership. There is an 8×12 covered patio off from the master bedroom. This is a must see!
351 Hermosa Palm Springs CA 92262 $ 185,000.00
Stunning Casa Verde condo located in the downtown area of Palm Springs. Close to the Casino, shopping, and restaurants. Enjoy the impressive lower level condo with a gated-patio, tall hedges for privacy. A patio off the bedroom. The kitchen has newer countertops, all new tile flooring throughout, and the updated bathroom is stunning. Casa Verde…
1075 Suntan Palm Springs CA 92264 $ 1,599,000.00
Smashing, Elegant! Rick Harrison designed Residence in tony Deepwell Estates, one of Palm Spring’s most sought after locations. Four bedrooms (one currently used as Media Room) and 2.5 baths. Complete remodel 2016/2017. Dramatic 5/8′ Glass entryway door leads to Hallway with 13.5 ceilings and to Stunning Great Room with fireplace and10.5 ft ceilings. Fleetwood Dual…
34 Saddleback Rolling Hills CA 90274 $ 8,765,000.00
Luxurious country living, Incomparable views, Endless amenities! A long, private drive leads you past a vineyard, lavender garden and fruit trees to unobstructed views from the Queen’s Necklace to the Gerald Desmond Bridge on this gorgeous equestrian estate! This 4475 sq. ft. Rolling Hills ranch was designed to take in the panoramic mountains and city…
2266 Tigereye Carlsbad CA 92009 $ 1,399,900.00
Exclusive Cordelane at La Costa Greens! Located at the end of a quiet cul-de-sac and turnkey with numerous enhancements throughout. Dream eat-in kitchen with white cabinets, high-end stainless steel appliances (Viking stove and built-in refrigerator), granite counters. Wood floors, custom built-ins, multiple fireplaces (one outdoor too), advanced security system (with cameras), ultra-fast gigabit/fiber internet, full…
34325 Loi Temecula CA 92592 $ 888,888.00
WOW! 2.360 ACRES FLAT LAND, wrap around porch with panarama views and endless possibilities! Well maintained and a breath of fresh air with only the sound of the birds and the wind. There are beautiful flowers, plants and vegitation options. Lots of room and privacy. A DREAM HOME for all times. First floor is open…