FOMC Statement: No Change to Policy, Uncertain about rise in inflation

FOMC Statement: Information received since the Federal Open Market Committee met in December suggests that labor market conditions improved further even as economic growth slowed late last year . Household spending and business fixed investment have been increasing at moderate rates in recent months, and the housing sector has improved further; however, net exports have been soft and inventory investment slowed. A range of recent labor market indicators, including strong job gains, points to some additional decline in underutilization of labor resources. Inflation has continued to run below......(read more)

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