Fed upgrades economic assessment to "strong pace" from "solid" in latest statement.
Key points:
• Economic activity expanding robustly
• Domestic spending remains resilient
• Uncertainty elevated, partly due to geopolitical tensions
The language shift suggests the Fed sees momentum building despite global risks.
Key points:
• Economic activity expanding robustly
• Domestic spending remains resilient
• Uncertainty elevated, partly due to geopolitical tensions
The language shift suggests the Fed sees momentum building despite global risks.