What was and wasn't said at today's FOMC and by Powell, run down is here:

Via Goldman Sachs' recap of the July FOMC meeting, to cut to the chase:

  • We continue to expect the taper countdown to start with a first warning at the September FOMC meeting that leads up to a formal announcement at the December meeting.

For dates of those meetings:

What was and wasn't said at today's FOMC and by Powell, run down is here: