Differences Between Previous and Current FOMC Statements


Posted To: MBS Commentary

Information received since the Federal Open Market Committee met in January March indicates that the labor market remains strong but and that growth of economic activity has rose slowed at from a its solid rate in the fourth quarter . Payroll Job employment was little changed in February, but job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Recent Growth indicators point to slower growth of household spending and business fixed investment slowed in the first quarter. On a 12-month basis, overall inflation has and declined, largely as a result of lower energy prices; inflation for items other than food and energy remains have near declined and are running below 2 percent. On balance, market-based measures of inflation compensation have remained…(read more)

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