Posted To: MBS Commentary
(Additions underlined, deletions struck through) Information received since the Federal Open Market Committee met in December suggestsindicates that the labor market conditions improved further even ashas continued to strengthen and that economic growth slowed late last year.activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate stayed near its recent low. Household spending andhas continued to rise moderately while business fixed investment has remained soft. Measures of consumer and business sentiment have been increasing at moderate rates in recent months, and the housing sector has improved further; however, net exports have been soft and inventory investment slowed. A range of late. Inflation increased in recent labor market indicators,...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
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