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The Fed, Translated Into Plain English

By Jacob Goldstein
Published January 26, 2011 at 3:28 PM MST

The Federal Reserve put out its latest big policy statement today. Once again, we've collaborated with Slate to translate it into plain English.

You can click on the text below to see our translation line by line. Or click "convert all" to translate the entire statement.

Copyright 2020 NPR. To see more, visit https://www.npr.org.

Jacob Goldstein
Jacob Goldstein is an NPR correspondent and co-host of the Planet Money podcast. He is the author of the book Money: The True Story of a Made-Up Thing.
See stories by Jacob Goldstein