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
25355 Via Oeste Temecula CA 92590 $ 820,000.00
Beautiful Single Story house with large full deck patio with hot tub perfect for entertaining. The main house has 3 bedrooms and 2 of which are master suites, one with it’s own entrance, 3 baths and a spacious gourmet kitchen. There is a second large 2 story guest house/office that is almost complete with it’s…
1013 Village Oceanside CA 92057 $ 1,350,000.00
Former model home with extensively upgrade and decorated 5 bed 4.5 bath home with views of the golf course. Office with custom granite built-in desk and shelves. One bedroom suite with shower downstairs. Custom double entry doors open to 2 story foyer with dual staircases and custom flooring. Crown moldings throughout the house. Master suite…
2345 Cherokee Palm Springs CA 92264 $ 219,000.00
Designer Remodel! New remodel 2 bedroom 2 bath at the Oasis Resort. All new kitchen with stainless appliances. Contemporary cabinetry, countertop and stunning tile. Gorgeous floors and wall paper accent. High ceilings and open floor plan. Flooded with natural light. Bedroom setup ideal for privacy. Private patio with access from main room and master bedroom….
525 El Norte Pkwy Escondido CA 92026 $ 362,900.00
Welcome to North County’s premier gated community! Built in 2004 this home is located on a corner lot with a deck that overlooks an area perfect for entertaining, gardening, etc. Freshly painted, all new flooring soon to be installed, vaulted ceilings, large master bedroom with walk-in closet, a second bedroom and a den with built-ins,…
2006 Costa Del Mar Carlsbad CA 92009 $ 849,000.00
Highly desirable ground floor Villa at Omni La Costa Resort & Spa. Fully furnished and appointed luxury condo with two master bedrooms & three large patios for outdoor living. Full-sized kitchen with granite counters, stainless steel appliances, custom furniture, artwork, luxury linens and kitchenware. Use your condo up to 120 days per year and generate…
3243 Mountain Shadow Palm Springs CA 92262 $ 445,000.00
Rare opportunity! This completely renovated Palm Springs home with pool and spa is a real gem. Perfect for full-time residence, second home or investment property as a short-term rental. Completely updated and modern 3 bedroom, 2 bath home with desert-friendly landscaping and solar. The backyard is a private paradise with a sparkling pool and spa….
Denise Temecula CA 92592 $ 169,000.00
One of two great useable parcels with fabulous views. Rural living, but close to Temecula’s wine Country, Pechanga Casino, restaurants, schools, nature conservancy, etc. Good well area. Electric in the road.
38755 Barranca Temecula CA 92592 $ 685,000.00
Welcome to your Ranch Retreat Home! This private piece of paradise sits atop a scenic plateau, with panoramic views all around. Boasting 3 bedrooms and 2 full baths, Master suite, open living room/dining room to kitchen and views from every window. Loads of storage, 2 car attached garage, interior laundry and central air conditioning when…
9314 Lloydcrest Beverly Hills CA 90210 $ 3,950,000.00
Rare opportunity to own an architectural in the sought after Crest streets of 90210. This magnificent newly refreshed contemporary home boasts an abundance of natural light, views of city lights, wood floors, dramatic living room with fireplace, balcony, wine cellar and a generous entertainer’s patio with a firepit. Fully equipped gourmet chefs kitchen has Viking…