Wednesday: FOMC Announcement, Pending Home Sales - InvestingChannel

Wednesday: FOMC Announcement, Pending Home Sales

A few FOMC previews …
From Tim Duy: The Fed Is Meeting in April to Talk About June

From Goldman Sachs: Goldman: Expect FOMC statement next week to say risks are “nearly balanced”

From me: FOMC Preview: No Rate Hike, Risks “Nearly Balanced”

Wednesday:
• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 10:00 AM, Pending Home Sales Index for March. The consensus is for a 0.5% increase in the index.

• At 2:00 PM, the FOMC Meeting Announcement.  The FOMC is expected to make no change to policy at this meeting.

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear