June FOMC Statement Comparison

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Blue-lined markup comparison of the June versus April Federal Open Market Committee statements below. Also see past Fed-Day reactions on this
site
, and prior
statement markups here
. Net net, looks like a minor economic downgrade on first review, particularly with respect to the pace of recovery...


[Click Graphic Below to Enlarge]

Did today's trade pattern surprise you? If it did, may I recommend
Rob Hanna of Quantifiable Edges
new e-book, "
The Quantifiable Edges Guide to Fed Days
". It's a tremendous compendium of over thirty years of Fed-day patterns and odds, and is well worth the small investment.
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