FOMC Statement: June 22. Sleeping with one eye open
Published on Wednesday, June 22, 2011
FOMC Statement: June 22. Sleeping with one eye open
Summary
FOMC lowers growth estimates, still expects transitory inflation increase. Bernanke said more data is needed to assess recent weak indicators. FOMC will wait for definitive proof that recovery is sustainable before exit
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BBVA Research
BBVA Research
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