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Here is the previous FOMC statement

Discussion in 'Fundamental Analysis' started by ForexLive, Jan 27, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Reminder: Today is only a statement, no forecasts or press conference Full statement For immediate release Information received since the Federal Open Market Committee met in October suggests that economic activity has been expanding at a moderate pace. Household spending and business fixed investment have been increasing at solid rates in recent months, and the housing sector has improved further; however, net exports have been soft. A range of recent labor market indicators, including ongoing job gains and declining unemployment, shows further improvement and confirms that underutilization of labor resources has diminished appreciably since early this year. Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation remain low; some survey-based measures of longer-term inflation expectations have edged down.

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