FOMC Statement

Labor markets have continued to tighten over recent quarters, but strengthening productivity growth has contained inflationary pressures. Owing to the uncertain resolution of the balance of conflicting forces in the economy going forward, the FOMC has chosen to adopt a directive that includes no predilection about near-term policy action. The Committee, nonetheless, recognizes that in the current dynamic environment it must be especially alert to the emergence, or potential emergence, of inflationary forces that could undermine economic growth. 1999 Monetary policy

Federal Reserve (1999, June 29). FOMC Statement. Fomc Statements, Federal Reserve. https://whenthefedspeaks.com/doc/fomc_statement_19990630

@misc{wtfs_fomc_statement_19990630,
  author = {Federal Reserve},
  title = {FOMC Statement},
  year = {1999},
  month = {Jun},
  howpublished = {Fomc Statements, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/fomc_statement_19990630},
  note = {Retrieved via When the Fed Speaks corpus}
}