#Fed has released its semi-annual monetary policy report today. Here are some notable information included in this report:
"Fed: Tighter credit conditions are needed to restrain economic activity." "Fed: The banking system remains sound and resilient." "Fed: We may need a period of growth below trend to tame inflation." "Fed: The banking system disruption in March left a mark on bank lending conditions, particularly for medium-sized and small banks." "Fed: The slowdown in inflation could be due to further loosening of a tight labor market." "Fed: Core services and non-housing inflation showed no signs of softening." "Fed: Financial conditions have tightened further since January."