FOMC Minutes March 18th Meeting |
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? Fed more worried on downside risks to growth ? Strains in financial markets continued to pose significant uncertainty to the economic outlook ? We expect further monetary policy easing FOMC more pessimistic on economic activity FOMC minutes continued to reflect a more pessimistic view on economic activity and increased downside risks to growth. According to the Fed: ? The contraction in homebuilding intensified ? Consumer spending appeared to be weakening ? Industrial production fell in Read More...
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