FOMC minutes update

It was easier to stay on hold this time. That's what the Sept 20 minutes said in this particularly striking excerpt: "Members noted that certain developments of late -- appreciable declines in energy prices, some softer indicators of economic activity, and slightly lower radings on core inflation -- pointed to a modestly better inflation outlook and hence made the policy decision today somewhat less difficult than it was in August, when it was seen as a particularly close call."