CNBC Power Lunch July 13, 2024
Certainly the same as it had been in the past the labor market remains strong. Economic activity is rising as a moderate rate, these are the same phrases used in the prior statement in september job gains, Unemployment Rate has remained low Business Investment and exports both have weakened the fed says. Inflation remains below the 2 target the fed says a sustained expansion, stronger labor market and inflation near the target are the most likely outcomes uncertainties about this outlook remain one more time, let me go over the phrasing that the fred changed here before the fed said it would m...