National

Federal Reserve Issues Federal Open Market Committee Statement , Sept. 13, 2012

Washington, DC–(ENEWSPF)–September 13, 2012.  Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months.  Growth in employment has been slow, and the unemployment rate remains elevated.  Household spending has continued to advance, but growth in business fixed investment appears to have slowed.  The housing sector has shown some further signs of improvement, albeit from a depressed level.  Inflation has…

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