Text of the policy statement the Federal Reserve released Thursday ...Middle East

WASHINGTON (AP) — Below is the statement the Federal Reserve released Thursday after its latest policy meeting ended: Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the

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Text of the policy statement the Federal Reserve released Thursday ...Middle East

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