Fed Redlined Statement

 

  • FOMC: KEEPS POLICY RATE UNCH AT 0.25%-0.5%, VOTE 7-3
  • FOMC NOW SEES 2016 UNEMP RATE 4.8% VS 4.7% IN JUNE ESTIMATE
  • FOMC NOW SEES 2016 REAL GDP +1.8% VS +2.0% IN JUNE ESTIMATE
  • FOMC SEP MEAN FFR FORECASTS END 2016: 0.654% V 0.831% JUN
  • FOMC SEP MEDIAN FFR FORECASTS END 2016: 0.6% V 0.9% JUN
  • FOMC: 3 FOMC PARTICIPANTS EXPECT NO MORE RATE HIKES IN 2016
  • FOMC:'FOR TIME BEING,' WAITING FOR FURTHER EVIDENCE ON GOALS
  • FOMC: CASE FOR INCREASE IN FFR 'HAS STRENGTHENED'
  • FOMC: 'NEAR-TERM RISKS TO OUTLOOK APPEAR ROUGHLY BALANCED'
  • FOMC: 3 DISSENTS IN FAVOR OF HIKE: GEORGE, MESTER, ROSENGREN

 

H/T   @zerohedge

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