The U.S. Federal Open Market Committee decided today to keep its target for the federal funds rate at 5.25%.The FOMC voted unanimously to leave rates unchanged. Today’s outcome was widely expected by economists.An accompanying statement acknowledged some recent weakening in the economy, but otherwise mirrored the previous one issued on March 21 in which officials […]
Consumer prices remain stable: beige book
Risk remains that inflation will fail to moderate
New York, St. Louis, Dallas, Boston say activity increased slower than in previous periods
Inflation remains a concern
Some inflation risks remain
U.S. housing market continues downward trend
Fed releases minutes from Dec. 12 meeting
Inflation likely to moderate, FOMC says
Growth in consumer spending offset continuing softness in automobile and housing-related sales