fed minutes, 2016-06-15
Real GDP was projected to rise a little slower in the second half of this year than in the previous forecast and to increase at about the same pace thereafter; the small boosts to real GDP growth implied by a lower assumed path for interest rates and by a slightly stronger trajectory for home values were essentially offset by restraint from higher projected paths for the foreign exchange value of the dollar and for oil prices.
Sentiment: neutral
Topic: mp_economic_activity