Significant changes to our statement. Since the beginning of the year we have judged that our current policy stance was broadly appropriate and that we should be patient in assessing the need for any changes. In light of increased uncertainties and unit inflation pressures we now emphasize the committee will monitor the Economic Outlook and will act as appropriate to sustain the expansion with a strong labor market and inflation near its 2 objective. Id like to take a step back to review how the changing economic picture brings us to todays decision. So far this year the economy has performed reasonably well, continued growth and strong employment. Inflation has been running somewhat below or objective but we expect it to pick up supported by solid growth and a strong job market. Along with this favorable picture weve been mindful of ongoing cross currents including trade developments and concerns about Global Growth. At the time of our last meeting which ended on may 1 there was tenta
Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by ford foundation. Working with visionaries on the frontlines of social change worldwide. At fordfoundation. Org. The park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust. Supporting trustworthy journalism that informs and inspires. And by the frontline journalism fund, with major support from jon and jo ann hagler. The Guerrilla Army that roared east to take over. Narrator it was early 2014. Isis has seized many iraqi cities. Narrator they seemed to come out of nowhere. In northern iraq, a number of districts have been taken over by fighters. Milit
Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by ford foundation. Working with visionaries on the frontlines of social change worldwide. At fordfoundation. Org. The park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust. Supporting trustworthy journalism that informs and inspires. And by the frontline journalism fund, with major support from jon and jo ann hagler. The Guerrilla Army that roared east to take over. Narrator it was early 2014. Isis has seized many iraqi cities. Narrator they seemed to come out of nowhere. In northern iraq, a number of districts have been taken over by fighters. Milit
The secret history of isis. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust, supporting trustworthy journalism that informs and inspires. The ford foundation, working with visionaries on the front lines of social change worldwide, at fordfoundation. Org. The wyncote foundation. And by the frontline journalism fund, with major support from jon and jo ann hagler. The Guerrilla Army that roared east to take over. Narrator it was early 2014. Isis has seized many iraqi cities. Narrator they seemed to come out of nowhere. In northern iraq, a nu
Narrator tonight, the secret history of isis. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust, supporting trustworthy journalism that informs and inspires. The ford foundation, working with visionaries on the front lines of social change worldwide, at fordfoundation. Org. The wyncote foundation. And by the frontline journalism fund, with major support from jon and jo ann hagler. The Guerrilla Army that roared east to take over. Narrator it was early 2014. Isis has seized many iraqi cities. Narrator they seemed to come out of nowhere. In n