The following is the complete text of today’s FOMC statement with my comments inline: Overall economic activity appears to have picked up after edging down in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.
FOMC Statement Critique (June 15th 2022)
Thanks Steven!
Wrong date (2022) at the top