- Activity preceding at moderate pace
- Labor markets improving gradually
- Increases in energy, commodities have pushed up inflation in recent months but expects it to be transitory
- Rates to stay exceptionally low for an extended period
- Jobless rates remain elevated, measures of underlying inflation still low
- Concerns about oil supplies have pushed up crude prices
- Longer-term inflation expectations have remained stable
- Committee maintaining policy of reinvesting principal payments from securities holdings
- Policy vote was unanimous
Nothing new in the statement to dissuade dollar bears.
Oil, Gold silver all higher, dollar lower across the board.
