“Federal Reserve microphone” Nick Timiraos: The FOMC policy statement and Chairman Kevin Walsh's opening statement at the press conference provided some information on recent economic developments. Walsh also gave a brief overview of the major issues discussed at the meeting, but did not provide reasons for the policy decision as detailed in the dissenting statement issued by Logan, Hamak, and Kashkari on Friday.

“Federal Reserve microphone” Nick Timiraos: The FOMC policy statement and Chairman Kevin Walsh's opening statement at the press conference provided some information on recent economic developments. Walsh also gave a brief overview of the major issues discussed at the meeting, but did not provide reasons for the policy decision as detailed in the dissenting statement issued by Logan, Hamak, and Kashkari on Friday.