FED Leaves Rates Unchanged… For Now


Filed under: Market Comentary


Federal Reserve Board chairman, Janet Yellen, made her March statement yesterday, announcing that the FED would not be raising rates at this time.

However, she also pointed out that ongoing economic growth and labor improvement could push inflation upward over the next 2-3 years.

The good news is that the statement indicated that while future rate increases will likely occur, they are not predicted to happen until perhaps late in 2016.

You can view her full statement in the video below:

 


Franklin Loan Center | NMLS 237653
Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, 4131316
http://www.nmlsconsumeraccess.org/entitydetails.aspx/COMPANY/237653
For questions or concerns please email info@franklinlc.com