 |
| Prime Rate Prediction |
Prime Rate Forecast
As of right now, our odds are at 100% (certain) the Federal Open Market Committee (FOMC) will vote to leave the target range for the benchmark fed funds rate at the current 0.00% - 0.25% at the November 3RD, 2021 monetary policy meeting, and keep the United States Prime Rate (a.k.a Fed Prime Rate) at 3.25%.
=======
COVID-19 Update
As of right now, there are 43,756,726 confirmed COVID-19 cases in the United States, with 706,393 total deaths. 33,186,269 have recovered.
Housing
For the home hunters out there, prices have started to look a bit better. The median price for a previously occupied home declined to $356,700 last month, while the median price for a newly built home moved sideways at $390,900 during August 2021. The prices associated with new and used homes are converging!
=======
 |
Coronavirus Pandemic: Please Keep Your Distance! |
=======
=======
Coronavirus COVID-19 Reminder:
Symptoms of COVID-19, which may appear 2-14 days after exposure, include:
- Fever
- Cough
- Shortness of breath
- Difficulty breathing or shortness of breath
- Persistent pain or pressure in the chest
- New confusion or inability to arouse
- Bluish lips or face
=======
=======
NB: U.S. Prime Rate = (The Fed Funds Target Rate + 3)
=======
=======
Stay tuned for the latest odds, and for current U.S. economic data (inflation, jobs, economic growth, wages, etc.)
=======
Current Odds
- Current odds the United States Prime Rate will continue at the current 3.25% after the November 3RD, 2021 FOMC monetary policy meeting: 100% (certain.)
==========
- NB: United States Prime Rate = (The Fed Funds Target Rate + 3)
=========
No comments:
Post a Comment