Here are two very interesting sentences from the just released FOMC Statement:
……”The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions. Furthermore, strains in global financial markets continue to pose significant downside risks to the economic outlook.”……….
We wonder whether the above two sentences were explicitly written as a warning to ‘a new’ administration which could soon take control over the White House.
For a full look at the released FOMC Statement, you can look at this link: