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Showing 1 - 2 of 2 results for "March FOMC statement"

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... downwardly revised 0.2% uptick), for a year-on-year rate of 2.5% in May (also unchanged from April). In its March FOMC statement, the Fed declared that "The Committee views the slowing in growth during the first quarter as likely to be transitory" but ...

Considerable time to eliminate considerable slack

BENJAMIN ONG  |  TUESDAY, 1 APR 2014
... weeks ago, Janet explained the considerable "time" after the Fed purchase programme ends contained in the 19 March FOMC statement to mean "... you know, it probably means something on the order of around six months or that type of thing". Not last night. ...
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