• FOMC Minutes: Staff Revised Up Slightly Expectation for 2018 GDP Growth

Market news

18 October 2018

FOMC Minutes: Staff Revised Up Slightly Expectation for 2018 GDP Growth

  • Staff Projected Slightly Lower Unemployment Rate Over Medium Term

  • Staff Saw Natural Unemployment Rate As 'A Bit Lower' Than Previously Assumed

  • Staff Saw Only 'Small Net Effect' On GDP From China Tariff Dispute

  • Expected GDP Growth 'A Little Slower' In Second Half of 2018 Than First Half

  • Saw Risks to GDP, Unemployment Forecasts as Balanced

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