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Fed Actively Discussed Further Monetary Easing
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FBN’s Ashley Webster on the FOMC minutes showing further monetary easing was discussed by the Federal Reserve.
- Duration 0:53
- Date Aug 22, 2012
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FBN’s Ashley Webster on the FOMC minutes showing further monetary easing was discussed by the Federal Reserve.
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That's committee of Fox Business -- the -- continue to claw their way down on Wall Street for a second straight day of the latest minutes from the Federal Reserve Chinese Central Bank.
Actively discussed further monetary easing is not doing much to help the markets right now the Dow off by some 31 points.
Existing home sales rose in July's low interest rates and a slight improvement in the labor market led to a a modest rebound.
Sales of previously occupied homes rising to an annual rate of four point 47 million that is -- -- Analysts' expectations.
And mortgage applications falling last week -- rates jump to their highest level since late June -- mortgage bankers association's index of mortgage application activity.
Fell seven point 4% the association's index for refinancing applications also posting its third straight weekly decline -- the very latest from the.