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Federal Open Market Committee

Home > Posts > Tag: Federal Open Market Committee

Federal Open Market Committee Press Release – September

Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting period. Activity in the housing sector has increased over recent months. Household spending appears to be expanding but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth, and tight credit. Businesses are still cutting back on fixed investment and staffing, though at a slower pace; they continue to make progress in bringing inventory stocks into better alignment with sales.

2009-11-04T14:22:25-06:00November 4, 2009|Federal Reserve Release|