Wednesday: FOMC Announcement, CPI

My FOMC Preview . Wednesday: • At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index . • At 8:30 AM, The Consumer Price Index for November from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI. • At 2:00 PM, FOMC Meeting Announcement . No change to policy is expected at this meeting. • At 2:00 PM, FOMC Forecasts 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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