Generally up beat view of the economy, saying Household Spending is growing strongly and job gains solid. It held off from hiking rates, quote, for the time being. Noting that inflation remains below its 2 target and trying to give the job market more room to run before hiking rates. But the statement and fed chair janet yellen in her press conference later on suggested that rates will likely rise at least once this year. Most participants do expect that one increase in the federal funds rate will be appropriate this year. And i would expect to see that if we continue on the current course of labor market improvement and there are no major new risks that develop. And we simply stay on the current course. So theres this new metric now, where you can think about for deciding whether or not the fed is going to raise rates. Whether labor slack is being absorbed. This chart shows the feds concern here. Job growth strong, 180,000 average the past three months. The Unemployment Rate hasnt dec
Th rs goof our poers. Tw of our poer w alsoha pe o hn uly. Ou o h fome c o pluthe iklaberry. H o with pret rn god ansoe goi a h oek os d. Notvngthe bidf 9 jo sll i a e wh icos t a lf tse tng he tkeug h di freste as. Meouathwata. An ls ta a lookh ing o en coes to tt p n one, 5c nd t 5sth suried evyby. L tsteay fe this s tgoing b whhaend . Ite hmeou ine lln phes werol wa btehaec lon phon,olesak a oo plsk w enmong ,utee i mddo ou th pt yar spbt5 or lo5 shar 5 a sar. Ok, let g blackbryty t mome. Att asbe aeisue r ve me direcon morry, mar c ye mrinri nw . Ka am sapo, leteri he. We we jt okgt whatwa atni me oras nears. Dh uee bckrr h enng a shre wtes ne0, isomny o 7 he arho mark les tod wih t very te ts dl. Cadiong i fthe niancoan ert tsng troosefafa fanaloinstpi he pte wthhi 4. Billn fer ihi woldak acer, e sentilyoras stutside troo, actuay, bu thentbadoan rite a t wld the cu o a vhrdth re wth dl, bu keeolio ouit uonheey thi wn ya,th as ra 27,70 oh smrtphon marke t 209,0 een aftthe he dbeinc