(Reuters) - "Participants agreed that the risk that inflation would fail to moderate as expected remained their predominant concern," the minutes said.
The FOMC members said economic activity was still expanding at a moderate pace and they interpreted the most recent information on business spending, business sentiment and the labor market "as suggesting that the risks to growth were more balanced than at the time of the May meeting, despite the ongoing adjustment in the housing sector and the significant recent increases in longer-term interest rates."
Read more at Reuters.com Business News
The FOMC members said economic activity was still expanding at a moderate pace and they interpreted the most recent information on business spending, business sentiment and the labor market "as suggesting that the risks to growth were more balanced than at the time of the May meeting, despite the ongoing adjustment in the housing sector and the significant recent increases in longer-term interest rates."
Read more at Reuters.com Business News
No comments:
Post a Comment