economic growth: FOMC Statement: Federal Reserve Discusses Rate Increase, But Concerned About Growth - 03/18/15 11:32 PM
FOMC Statement: Federal Reserve Discusses Rate Increase, But Concerned About Growth
The post-meeting statement of the Federal Reserve’s Federal Open Market Committee indicated that while the Fed is considering raising its target rate as early as June, the agency is in no hurry to cast anything in cement. The statement cited stronger labor markets and low unemployment rates as encouraging, but noted that FOMC members remain concerned about economic growth due to low inflation failing to meet the FOMC goal of two percent.
15 of 17 FOMC members said that they expected interest rates to increase before year-end, but downwardly … (0 comments)

economic growth: Fed Meeting Minutes Release Hope Of A Stronger Economy With New Measures - 10/31/13 12:36 AM
The Federal Reserve’s Federal Open Market Committee released its customary after-meeting statement on Wednesday. In the context of meeting its dual mandate of stabilizing pricing and achieving maximum employment.
The FOMC statement indicated that although the economy has improved in areas including household spending and labor market conditions, the national unemployment rate remains high and the housing market recovery has slowed.
Fed Says Fiscal Policy Restraining Economic Growth
The FOMC statement said that current fiscal policy and ”retrenchment” is restraining economic growth as evidenced by failure to achieve benchmarks set by FOMC as indicators of a healthy economy. Benchmarks include a national unemployment … (0 comments)