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Federal Reserve Meeting Minutes Show Increased Downside Risks to Employment
Summary: According to sources, the Federal Reserve meeting minutes mentioned that members unanimously agreed that current indicators show economic activity is expanding at a moderate pace. Employment growth has slowed down this year, with the unemployment rate slightly increasing as of September. Members noted that recent indicators align with these trends and observed that the inflation ...
According to sources, the Federal Reserve meeting minutes mentioned that members unanimously agreed that current indicators show economic activity is expanding at a moderate pace. Employment growth has slowed down this year, with the unemployment rate slightly increasing as of September. Members noted that recent indicators align with these trends and observed that the inflation rate has risen since the beginning of the year, remaining at a higher level. They unanimously agreed that the committee is closely monitoring the risks to its dual mandate, with increased downside risks to employment in recent months.
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Link: Federal Reserve Meeting Minutes Show Increased Downside Risks to Employment [Copy]
