Highlights from the FOMC statement

*FED SAYS LABOR MARKET SLACK HAS DIMINISHED SINCE EARLY THIS YR

*FED SAYS RISKS NEARLY BALANCED, MONITORING GLOBAL DEVELOPMENTS

*FED SEES SOLID GAINS IN HOUSEHOLD SPENDING, BUSINESS INVESTMENT

*FED: SURVEY-BASED MEASURES OF INFLATION OUTLOOK REMAINED STABLE

*FED REPEATS IT SEES INFLATION RISING TOWARD 2% IN MEDIUM TERM

*FED: PACE OF JOB GAINS SLOWED,' UNEMPLOYMENTHELD STEADY’

*FED REPEATS HOUSING IMPROVED FURTHER, EXPORTS BEEN `SOFT’

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