- "...economic growth
is continuing at a moderate pace, though somewhat more slowlyhas been considerably slower than the Committee had expected..."
- "...recent labor market indicators
have been weaker than anticipatedsuggest a deterioration..."
- "...household spending
continues to expandhas flattened out..."
Federal Reserve Building, Washington, DC
Source: Indiviglio, D (2011, August 9), Fed Tries to Stimulate the Economy With Its Words, The Atlantic.