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Tuesday, March 4, 2025
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The Federal Reserve on Wednesday announced that no changes to its bond buying program will occur, and that it will be holding interest rates steady at near zero. The inactivity by the Fed came as a surprise because a reduction to the central bank’s $85 billion monthly purchases of mortgage-backed securities and government bonds, known as quantitative easing, was widely expected.

housing market

REUTERS

Weak housing market numbers do not suggest that the upcoming jobs report will show strong job growth in construction. U.S. housing starts widely missed expectations in August amid a sharp slowdown in the multifamily sector. Increases in permits for single-family homes are giving some pundits hope of a sustained strengthening in the housing market recovery.

The website for the social welfare organization – American Hometown Veteran Assistance –reads, “Freedom isn’t free; our VETERANS have paid dearly for it!” For many, including myself, that price has been pretty high and has taken many forms. Yet, I wish I was still active duty everyday, and given the chance, I wouldn’t trade that experience for all the gold in the world.

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