What Changed in The New Fed Statement?

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Posted To: MBS Commentary

Below are the differences in the first paragraph of the current Fed statement as compared to the previous version from January 30th, 2019. There were no changes beyond the 1st paragraph. The full statement can be found HERE . Information received since the Federal Open Market Committee met in DecemberJanuary indicates that the labor market hasremains continuedstrong tobut strengthenthat andgrowth thatof economic activity has beenslowed risingfrom atits a solid rate in the fourth quarter. JobPayroll employment was little changed in February, but job gains have been strongsolid, on average, in recent months, and the unemployment rate has remained low. HouseholdRecent spendingindicators haspoint continued to growslower strongly, while growth of household spending and business fixed investment…(read more)

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