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 improvement in the labor market and is reasonably confident that inflation will move act back to the 2 target over the mediumterm. Feel they arethey almost there. There were no dissents, no press conference today, they did not upgraded or Economic Forecast and there is no new. Plot dot t we will have to wait for august for any further clues. This is definitely a statement towards the hawkish side. Mark Michael Mckee joining us from a very windy washington. Thank you. Scarlet lets get straight to juli
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Photo caption: The UW-Eau Claire Alumni Association presents awards to alumni and friends in connection with the spring and fall commencement ceremonies. Ni
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