What aspects of the economy were described as solid in the Fed statement?
FOMC Unanimously Keeps Rates Unchanged as Yellen Exits
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The Federal Open Market Committee decided to keep the Fed funds rate unchanged, emphasizing further gradual rate increases. The balance of risk remains roughly balanced, with economic conditions slightly upgraded. The statement reflects a more hawkish tone compared to December.
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What tone did the Fed statement convey compared to December?
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