Fed Statements: read between the lines...# Stock
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Release Date: January 27, 2010
For immediate release
Information received since the Federal Open Market Committee met in December
suggests that economic activity has continued to strengthen and that the
deterioration in the labor market is abating. Household spending is
expanding at a moderate rate but remains constrained by a weak labor market,
modest income growth, lower housing wealth, and tight credit. Business
spending on equipment and software appears to be picking up, but investment
in st
For immediate release
Information received since the Federal Open Market Committee met in December
suggests that economic activity has continued to strengthen and that the
deterioration in the labor market is abating. Household spending is
expanding at a moderate rate but remains constrained by a weak labor market,
modest income growth, lower housing wealth, and tight credit. Business
spending on equipment and software appears to be picking up, but investment
in st
