Overall, the FOMC statement (I, II) was more cautious than the last meeting, including a comment...

|By:, SA News Editor

Overall, the FOMC statement (I, II) was more cautious than the last meeting, including a comment that "underlying inflation has trended lower." Stocks have edged lower, and Treasurys higher, but not with any conviction. Dow -0.2%. S&P -0.5%. Sept. 30-year +0.55%. 10-year +0.43%. Euro +0.1%.