Wednesday: FOMC Day

Earlier FOMC Previews: FOMC Preview: No Rate Hike From Tim Duy writing at Bloomberg: Janet Yellen's Prediction Last Month Is Already Being Vindicated . Wednesday: • At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 2:00 PM, the FOMC Meeting Announcement . The FOMC is expected to make no change to policy. • At 2:00 PM, the FOMC Projections . This will include the Federal Open Market Committee (FOMC) participants' projections of the appropriate target federal funds rate along with the quarterly economic projections. ......(read more)

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