Fed says Expects Inflation to Remain Low in Near Term But Should rise As Effects of Prior Oil Price Declines Dissipate; Market-based Measures of Inflation Compensation have Declined

Fed says Stronger Household Spending, improved Housing Sector and Lower Drag from Exports Still Support 'moderate' Economic Expansion

Fed says Continuing to Monitor Global Financial and Economic Developments But Makes No Mention of Brexit or Other Specific Risks

Fed says Improvement in Labor Market slowed Since April Meeting Despite Pickup in Economic Activity But Expects Rebound

*Fed: Pace Of Improvement In Labor Market Has Slowed