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As long as economic growth remains steady, complaints about legal immigrants are likely to remain muted.
Business pricing power and increases in core consumer prices remain muted.
Economists said that if capital spending remained weak, productivity growth would remain muted.
And so the Fed should ease away, safe in the knowledge that the inflation response will remain muted (and presumably, if it ceases to remain muted, that is a sign that the job is done).
"Business pricing power and increases in core consumer prices remain muted," the central bank's Federal Open Market Committee said.
The pace of any such increases, however, is likely to remain muted, analysts and bankers with knowledge of policy makers' views have said.
Similar(29)
Investor appetite remained muted".
Marc Parent's lighting remained muted.
Market response to macroeconomic data remained muted as negotiations continued to command investors' attention.
Ms. McCoy remained muted, but there was no hiding her smile.
So far the opposition has remained muted, but there have been signs of unrest.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com