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
610 Compadre Palm Springs CA 92264 $ 948,000.00
AUTHENTIC 1958 ALEXANDER-built / Palmer & Krisel designed mid-century modern classic on a RARE VIEW LOT! The highly sought after Little Beverly Hills neighborhood of south Palm Springs and iconic architecture of this home make it the perfect gem. You will enjoy the unobstructed view out the front overlooking the Mesquite golf course and beautiful…
1012 Santa Margarita Fallbrook CA 92028 $ 599,500.00
Welcome to this charming single story home. This home is nestled away in a peaceful neighborhood & features picture-perfect curb appeal. New carpet, new paint, and gorgeous vaulted wood ceilings. The kitchen boast wood flooring, Corian counters, maple butcher block, stainless steel appliances and beautiful natural lighting with a skylight. Three bedroom 2 bath. Master…
1102 Madera Vista CA 92084 $ 355,000.00
Welcome home to this 3brm/1.5 bath with wonderful fenced patio for pets, sunbathing, barbecuing, or your herb garden! Living room is spacious and dining is open to the updated kitchen. The condo has 3 ceiling fans, inside laundry, and there is direct access to the 2 car garage w/ laundry sink, storage and workbench. There…
39140 Rising Hill Temecula CA 92591 $ 420,000.00
This is the home, you’ve been looking for. While it’s exterior is an eye catching Sea Foam Green, the interior welcomes you with entryway French Doors and once you walk through them you are ushered into a open living room with vaulted ceilings and a wood burning fireplace. A great asset for this property is…
2966 Rainbow Valley Fallbrook CA 92028 $ 555,000.00
This amazing property is an opportunity to enjoy the country life right on the Fallbrook/Rainbow border. It sits high on a hill and has beautiful views of the mountain and hills. It’s literally minutes from Temecula. Situated on .67 acres of unincorporated land, this private gated property includes lush outdoor space including dozens of fruit…
323 Tamarak Escondido CA 92026 $ 435,000.00
3 bedroom/1.5 bathroom fixer-upper in need of some TLC. Bring your tools and your paintbrush to turn this house into a home. Convenient location, with plenty of shops and restaurants close by in Central Escondido and easy freeway access.
44954 Checkerbloom Dr Temecula CA 92592 $ 499,000.00
Gorgeous Move In Ready Home in South Temecula in Gated Temecula Lane. Remodeled Kitchen with Granite Countertops, Tile Backsplash & Recessed Lighting. Kitchen also features Full Panty Closet, Large Island & Stainless Steel Appliances. Living Space at Entry could be used as Home Office, School Space or you Decide! Open Concept Floor Plan with Gas…
1499 CARLA Beverly Hills CA 90210 $ 5,999,999.00
Classic 60s contemporary with panoramic views in a great Trousdale location. This single story, spacious 4 bedroom, 6 bathroom home with pool and sauna is situated on a large flat lot with walls of glass and is the perfect example of gracious indoor/outdoor living whether for entertaining or as an idyllic retreat for todays lifestyle….
38913 Trinidad Palm Springs CA 92264 $ 1,225,000.00
Nestled on a hillside lot in one of the most picturesque settings in Palm Springs and right up against nature is this exquisite custom home. Located within the secure gate guarded community of Parc Andreas, surrounded by other significant homes in the very south end of town, with some of the most spectacular desert oasis…