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But ending its stance toward lowering rates, the Fed's policy makers said the economy, "bolstered by a marked swing in inventory investment, is expanding at a significant pace".
In its assessment of the economy, the Fed stressed a "marked swing in inventory adjustment," a reference to evidence that businesses are stocking up on supplies and raw materials in anticipation of an upturn in demand for their goods.
The information that has become available since the last meeting of the committee indicates that the economy, bolstered by a marked swing in inventory investment, is expanding at a significant pace.
Similar(57)
In my home state of Virginia, there has been a marked swing toward the president following bin Laden's death.
Niamh Harraher, a solicitor at the Children's Legal Centre said there has been a marked swing on the issue of taking children into care.
The latest opinion polls have shown a marked swing toward Labour with less than six weeks to go before the expected election day, May 6.
"We are optimistic that the male-female-fawn ratio will also show an upward swing in the current census, and will subsequently lead to a marked increase in the hangul population in the coming years," Naqash said.
Her swing was the highest swing in the world.
Hence, traditional CPSB can detect both power swing and fault during power swing in this case.
Say, the tire swing in the backyard.
Do not swing out – swing in and down.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com