Federal Reserve FOMC statement: Reiterates that inflation is still high, partly due to shocks. It was reaffirmed that economic activity was expanding at a steady pace. Reiterate that employment growth keeps pace with the labor force.

Federal Reserve FOMC statement: Reiterates that inflation is still high, partly due to shocks. It was reaffirmed that economic activity was expanding at a steady pace. Reiterate that employment growth keeps pace with the labor force.