FOMC statement redline. Changes: 1) replaced "economic activity has continued to expand at solid pace" with "growth of economic activity moderated in first half of the year" 2) Removed "diminished" from "uncertainty about economic outlook has diminished but remains elevated"

And of course the dissents: Voting against this action were Michelle W. Bowman and Christopher J. Waller, who preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting First due of gov dissents since 1993