Does the Fed say economic activity has slowed? No. "Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace ... Uncertainty about the economic outlook has increased further. The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen."
MNI: FED HOLDS RATES AT 4.25%-4.5%; VOTE 12-0
May-07 18:00
MNI: FED HOLDS RATES AT 4.25%-4.5%; VOTE 12-0
FED: ECONOMIC ACTIVITY STILL EXPANDING AT SOLID PACE
FED: RISKS OF HIGHER UNEMPLOYMENT, INFLATION HAVE RISEN
FED: UNCERTAINTY ABOUT OUTLOOK HAS INCREASED FURTHER