Statement Same

Statement is very similar - not too tough, saying "moderation in economic growth appears to be continuing, partly reflecting a cooling of hsg" and "inflation pressures seem likely to moderate over time" (same language). FOMC says inflation risks remain due to elevated core infl, high resource utilization, & high energy px.Fed reiterates "extent and timing of any additional firming that may be needed to address these risks will depend on evolution of the outlook."