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Fed Meeting Minutes: Unemployment Rate Expected to "Slightly" Increase

2025-01-09 03:03

BlockBeats News, January 9th: The Federal Reserve's December meeting minutes indicated that staff members predicted the U.S. economic outlook to remain robust. It is expected that real GDP growth will slow slightly compared to previous benchmark forecasts, with the unemployment rate expected to edge up slightly but remain close to staff's estimate of the natural rate of unemployment.


In staff members' baseline projections, the inflation forecast for 2024 is slightly higher than the previous meeting's forecast, reflecting some recent data surprises to the upside. It is expected that the inflation rate will decline to 2% by 2027, consistent with the November meeting's forecast. (Oriental Fortune Network)

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