Federal Reserve meeting minutes: GDP growth forecast raised, unemployment rate expected to decline

ChainCatcher news, according to Golden Ten Data, the minutes of the Federal Reserve's October meeting show that compared to the forecasts from the September meeting, the October projections indicate a slight overall increase in real GDP growth through 2028, mainly reflecting an expected rise in potential output growth. The unemployment rate is expected to gradually decline after this year, while inflation forecasts remain largely similar to those from the September meeting. Tariff increases are expected to exert upward pressure on inflation in 2025 and 2026.