BLOOMBERG Bloomberg Markets June 22, 2024
Early this year. No qualifiers. Economic activity has been expanded moderately in recent months. Dropping a reference to Slower Growth earlier in the year. Inflation is still below the 2 target, which they blame on transitory declines. Energy prices and decreasing prices of nonenergy imports. They still see inflation rising toward the target over the mediumterm. The committee anticipates that it will be appropriate to raise the target rate for the federal some rate when it has seen further impro...
Source: archive.org