"Federal Reserve's megaphone": Almost all members see the risk of economic downturn

ChainCatcher message, known as the "Fed's megaphone," Wall Street Journal reporter Nick Timiraos commented on the Federal Reserve's economic forecasts, stating that officials have lowered their GDP predictions while raising their forecasts for inflation and unemployment rates. However, almost everyone sees the downside risks to the economy. Moreover, nearly everyone believes that there are upside risks to their predictions for unemployment and inflation.