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* The post-meeting statement said inflation remains elevated and that job gains have been robust. | * The post-meeting statement said inflation remains elevated and that job gains have been robust. | ||
* The statement upgraded the pace of economic activity to “moderate” from “modest” at the June meeting. “In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals,” the statement said. | * The statement upgraded the pace of economic activity to “moderate” from “modest” at the June meeting. “In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals,” the statement said. | ||
=== Conferences Notes === | |||
<ref>https://www.wsj.com/articles/transcript-fed-chief-powells-postmeeting-press-conference-5ed40b07</ref> | |||
== Market Expectations == | == Market Expectations == |