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  • Chronos Solutions acquires UPF Services

    Chronos Solutions announced its latest business move, finalizing its acquisition of UPF Services. Matt Slonaker, executive vice president of sales and marketing for Chronos Solutions, first alluded to the acquisition in an interview with HousingWire back in July. Now only a few weeks later, Slonaker and Andrew Gladston, senior vice president of corporate development at Chronos Solutions, revisited with HousingWire to give the full details of the acquisition.

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Bullard: Fed will raise rates in 1Q2015

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St Louis Federal Reserve Bank President James Bullard says the central bank will raise interest rates in the first quarter of 2015, sooner than most analysts have predicted and well ahead of his more dovish fellow bankers are saying.

On Fox Business News Thursday, Bullard said of his expection, “I’ve left mine at the end of the first quarter of next year.

“Thee Fed is closer to its goal than many people appreciate,” Bullard said. “We’re really pretty close to normal.”

The Federal Open Market Committee is still holding onto its near zero interest rate policy.

(Update 1: Headline corrected 4:31 p.m. ET)

 

 

  

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