You're watching...

Fed Actively Discussed Further Monetary Easing

Details

  • Description

    FBN’s Ashley Webster on the FOMC minutes showing further monetary easing was discussed by the Federal Reserve.

  • Duration 0:53
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

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.