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March 14, 2016
      

MARKET COMMENTARY 


This is a big week for the markets, with the highly-anticipated Federal Reserve interest rate decision scheduled for Wednesday afternoon.
Although the market is betting that the Fed won't change interest rates this week, all eyes will be on the Fed's monetary policy statement for clues as to the future direction of interest rates and the Fed's mortgage bond buying program.The Fed is the biggest buyer of mortgage bonds in the market. Over the past several months, the Fed has hinted that they'll slow down or stop when the economy reaches a certain level of stability.
The economic calendar is quite full this week so expect volatility in the markets!


SOURCE: CMPS Institute

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