FOMC Statement – July 2014

At the conclusion of this week’s FOMC meeting, policymakers released yet another statement that only a FedWatcher could love. It is definitely an exercise in reading between the lines. The Fed cut another $10 billion from the asset purchase program, as expected. The statement acknowledged that unemployment is no longer elevated and inflation has stabilized. […] View the full post at: FOMC Statement – July 2014 Related posts: FOMC: Be Mindful of the Future Fed’s Lacker On Economic Outlook FDIC Releases Statement on the Status of the Legacy Loans Program