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Tuesday, March 16, 2021

Wednesday: Housing Starts, FOMC Announcement, Forecasts, and Press Conference

by Calculated Risk on 3/16/2021 09:00:00 PM

See 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, Housing Starts for February. The consensus is for 1.570 million SAAR, down from 1.580 million SAAR.

• 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.

• At 2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.