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Federal Open Market Committee holds rate steady for the first time in more than a year.
Addresses reconsiderations of value (ROV) for residential real estate transactions.
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
Raises federal funds rate by another 25 basis points, hints at potential pause.
Minutes of March FOMC meeting reveal staff now predict a 'mild recession' starting later this year.
Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.
