US Federal Reserve Open Market Committee Minutes Excerpts

FOMC Excerpts

• “Information received since the Federal Open Market Committee met in March indicates that growth in economic activity has picked up recently, after having slowed sharply during the Winter in part because of adverse weather conditions.”
• “Labor market indicators were mixed but on balance showed further improvement.”
• “The unemployment rate, however, remains elevated.”
• “Household spending appears to be rising more quickly.”

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