Fed Leaves Unchanged Wording on Economy, Labor Market, Inflation

Market news

20 December 2018

Fed Leaves Unchanged Wording on Economy, Labor Market, Inflation

Fed Will 'Monitor Global Economic and Financial Developments' And Assess Implications for Outlook
Fed 'Judges That Some Further Gradual Increases' To Interest Rates Will Be Needed
Labor Market Has Continued to Strengthen
Economic Activity Has Been Rising at a Strong Rate
Household Spending Continued to Grow Strongly
Business Investment Growth Has Moderated from Rapid Pace Earlier in Year
Job Gains Have Been Strong, on Average
Jobless Rate Has Remained Low
Headline, Core Inflation Both Remain Near 2%
Indicators of Longer-Term Inflation Expectations 'Little Changed'

Powell: Some Cross-Currents Have Emerged Since September Meeting

Fed Raises Interest Rates, Signals Slightly Lower Path of Future Increases

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