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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Fed Pace of MBS Purchase Program held to 40 in October 2013
FMPMonthlyReleased October 2013
US Fed Pace of MBS Purchase Program held to 40 in October 2013. The reading matched the 40 consensus.
Latest Release
40
Actual
40
Consensus
40
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Fed Pace of MBS Purchase Program (United States) was reported at 40.00 in October 2013. This matched the market consensus of 40.00 exactly. The reading was unchanged from the previous release.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Building Permits MoM (Jun 16) and Building Permits (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update October 2013.
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Fed Pace of MBS Purchase Program - US
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About Fed Pace of MBS Purchase Program — United States
DEFINITION
The Fed Pace of MBS Purchase Program is a key financial indicator that measures the rate at which the Federal Reserve is purchasing mortgage-backed securities (MBS). This program is a crucial tool used by the Fed to support the housing market and stimulate economic growth. A higher pace of MBS purchases indicates a more aggressive approach by the Fed, while a slower pace may suggest a more cautious stance. As such, this indicator is closely monitored by investors and analysts as it can provide insights into the Fed's monetary policy and potential market trends.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2013): actual 40, consensus 40. Prior reading (Sep 2013): 40.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary neutral force in the projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.