Acknowledge the decline in core inflation in march. The slowdown on Consumer Spending which they say rose only modestly, but supporting their view is a temporary cause, the statement notes the fundamentals underpinning the continued growth of consumption remain solid. And business fixed investment firm. What is not in the statement is any hint of future policy moves. And there is nothing on Balance Sheet policy. We go back to the idea of being data dependent if the fed is going to move in the future. It will have to be proven right about a transitory effect on the economy. All of us here in the dos were really. Free today. Why are we not discussing dots . Michael they only do that four times a year. Every quarter they put out a new dot slot. That wasnt this meeting. They are moving away from the dot plot a little bit. They are trying to show a wide range of what could happen rather than have people take it as an absolute forecast for what will happen. Mckee and richard among others in
Acknowledge the decline in core inflation in march. The slowdown on Consumer Spending which they say rose only modestly, but supporting their view is a temporary cause, the statement notes the fundamentals underpinning the continued growth of consumption remain solid. And business fixed investment firm. What is not in the statement is any hint of future policy moves. And there is nothing on Balance Sheet policy. We go back to the idea of being data dependent if the fed is going to move in the future. It will have to be proven right about a transitory effect on the economy. All of us here in the dos were really. Free today. Why are we not discussing dots . Michael they only do that four times a year. Every quarter they put out a new dot slot. That wasnt this meeting. They are moving away from the dot plot a little bit. They are trying to show a wide range of what could happen rather than have people take it as an absolute forecast for what will happen. Mckee and richard among others in
Acknowledge the decline in core inflation in march. The slowdown on Consumer Spending which they say rose only modestly, but supporting their view is a temporary cause, the statement notes the fundamentals underpinning the continued growth of consumption remain solid. And business fixed investment firm. What is not in the statement is any hint of future policy moves. And there is nothing on Balance Sheet policy. We go back to the idea of being data dependent if the fed is going to move in the future. It will have to be proven right about a transitory effect on the economy. All of us here in the dos were really. Free today. Why are we not discussing dots . Michael they only do that four times a year. Every quarter they put out a new dot slot. That wasnt this meeting. They are moving away from the dot plot a little bit. They are trying to show a wide range of what could happen rather than have people take it as an absolute forecast for what will happen. Mckee and richard among others in