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Fed Minutes: Participants continued to see a softening in the labor market as necessary for economic growth to remain below trend to restore economic balance
The Fed minutes showed that participants continued to see economic growth as still below trend and that a softening in the labor market was needed to restore economic balance. The staff's economic for ... -
Many participants saw continued downside risks to economic activity and upside risks to the unemployment rate
Many participants saw continued downside risks to economic activity and upside risks to the unemployment rate, including the long-delayed effects of financial tightening, the impact of union strikes, ... -
Fed Minutes: Most participants saw one more rate hike as likely to be appropriate
Eastern time on October 11, the Federal Reserve released the minutes of the September interest rate meeting. According to the minutes, most participants thought that one more increase in the federal f ...