Slate and NPR's "Planet Money" translate the Fed's latest statement on the economy.

Commentary about business and finance.
Jan. 26 2011 5:17 PM

"We're Sticking To Our Plan"

Slate and NPR's "Planet Money" translate the Fed's latest statement on the economy.

Ben Bernanke. Click image to expand.
Ben Bernanke 

The Federal Reserve just released its periodic statement explaining how the Fed's leaders view the economy and how they plan to act in the coming weeks and months. These statements come out every six weeks, and they affect stock markets and government policies around the world. But they're full of jargon and code, and the language is nearly inpenetrable to the lay reader.

To help you read the Fed's latest statement, published this afternoon, Slate and NPR's "Planet Money"have collaborated to translate it into plain English, a tool developed by Slate Labs to toggle between official text and our natural-language translation. Click on the highlighted sentences to toggle between their words and ours:

Advertisement

Become a fan of Slate on Facebook. Follow us on Twitter.

Jacob Goldstein is a blogger for NPR's Planet Money.

TODAY IN SLATE

Medical Examiner

Here’s Where We Stand With Ebola

Even experienced international disaster responders are shocked at how bad it’s gotten.

It’s Not Easy for Me, but I Stand With Emma Watson on Women’s Rights

Divestment Is Fine but Mostly Symbolic. There’s a Better Way for Universities to Fight Climate Change.

Subprime Loans Are Back

And believe it or not, that’s a good thing.

It Is Very Stupid to Compare Hope Solo to Ray Rice

Building a Better Workplace

In Defense of HR

Startups and small businesses shouldn’t skip over a human resources department.

Why Are Lighter-Skinned Latinos and Asians More Likely to Vote Republican?

How Ted Cruz and Scott Brown Misunderstand What It Means to Be an American Citizen

  News & Politics
Politics
Sept. 22 2014 6:30 PM What Does It Mean to Be an American? Ted Cruz and Scott Brown think it’s about ideology. It’s really about culture.
  Business
Business Insider
Sept. 23 2014 10:03 AM Watch Steve Jobs Tell Michael Dell, "We're Coming After You"
  Life
The Vault
Sept. 23 2014 10:24 AM How Bad Are Your Drinking Habits? An 18th-Century Temperance Thermometer Has the Verdict
  Double X
The XX Factor
Sept. 22 2014 7:43 PM Emma Watson Threatened With Nude Photo Leak for Speaking Out About Women's Equality
  Slate Plus
Slate Plus
Sept. 22 2014 1:52 PM Tell Us What You Think About Slate Plus Help us improve our new membership program.
  Arts
Brow Beat
Sept. 23 2014 9:42 AM Listen to the Surprising New Single From Kendrick Lamar
  Technology
Future Tense
Sept. 22 2014 6:27 PM Should We All Be Learning How to Type in Virtual Reality?
  Health & Science
Bad Astronomy
Sept. 23 2014 7:00 AM I Stand With Emma Watson
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.