Differences Between Current and Previous FOMC Statements

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Posted To: MBS Commentary

(additions underlined, deletions struck-through) For immediate release Information received since the Federal Open Market Committee met in December January suggests that labor market conditions improved further even as economic growth slowed late last year. activity has been expanding at a moderate pace despite the global economic and financial developments of recent months. Household spending and business fixed investment have has been increasing at a moderate rates in recent months, rate, and the housing sector has improved further; however, business fixed investment and net exports have been soft and inventory investment slowed. soft. A range of recent labor market indicators, including strong job gains, points to some additional decline in underutilization strengthening of the labor resources…(read more)

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