WASHINGTON -- The Federal Reserve appears to be sticking to its hard-line stance against inflation despite signs the economy's pace slackened recently while price pressures eased, analysts said yesterday.

Fed officials have been tight-lipped since last week's meeting of the Federal Open Market Committee, perhaps because Chairman Alan Greenspan is scheduled to deliver his semiannual testimony on monetary policy to a House banking subcommittee on July 20.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.