The Federal Reserve just released a statement explaining what the Fed’s leaders think of the economy, and how they plan to act in the coming weeks and months.
Statements like this come out every six weeks, and they affect stock markets and government policies around the world. But they’re full of jargon and code.
So here, from Planet Money and Slate, is today’s statement, translated into plain English.
You can click on each sentence below to see our translation line by line. Or click "convert all" to translate the entire statement.
This post was created with Plain English, a tool created by Slate's Jeremy Singer-Vine.