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Fed officials described the economy as having "decelerated somewhat," a change of tone from its previous assessment in June when it said the economy had been "expanding moderately".
With the economy having decelerated, apparently to a rate well below what most economists consider to be the point at which it tends to generate inflation pressures, the Fed is all but certain to state after the meeting that it no longer sees inflation as being the primary threat.
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"Its growth has decelerated.
Surprisingly, antibiotic development has decelerated.
Brazil's growth rate has decelerated steadily since the end of 2014.
And the rate has decelerated every quarter since.
Economic growth has decelerated since last June to half its earlier pace.
In the past 12 months, growth has decelerated appreciably.
Food and beverage prices, which soared last year, have decelerated slightly in 2008.
By half-time France had decelerated after that thrilling early burst.
Finally, over the last six to nine months, consumption volume has decelerated.
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CEO of Professional Science Editing for Scientists @ prosciediting.com