The Federal Reserve meeting minutes indicate an increased risk of a downturn in employment
According to Jin Ten's report, the Federal Reserve's meeting minutes mentioned that the members unanimously believe that current indicators show that economic activity is expanding at a moderate pace. Employment growth has slowed this year, and the unemployment rate has slightly increased as of September. The members noted that recent indicators are consistent with these trends and observed that the inflation rate has risen since the beginning of this year, remaining at a high level. They unanimously agreed that the committee is closely monitoring the risks to its dual mandate, as the downside risks to employment have increased in recent months.
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