Fed - Inflation Likely To Stay Subdued For Some Time Before Going Up To Levels Consistent With Mandate

Fed Says Business Spending On Equipment And Software Is Rising, Though Less Rapidly As Earlier In Year

Fed - Measures Of Underlying Inflation Are Now At Levels Somewhat Below Those Consistent With Price Stability

Fed Says Pace Of Recovery Has Slowed In Recent Months, Likely To Be Modest In Near Term

Fed - Prepared To Give Additional Accommodation If Needed Support Economic Recovery, To Raise Inflation