For 2022, the forecast for GDP growth has been improved to 3.8% from 3.3% expected in June.
On September 22, the US Federal Reserve System expectedly kept the base rate at the level of 0-0.25% per annum.
US Federal Reserve downgraded unemployment and GDP growth forecasts and raised inflation forecast
2021-09-22T20:35:31.524Z
The US Federal Reserve has lowered its forecast for GDP growth in the country in 2021 from 7 to 5.9%. The regulator also downgraded the forecast for unemployment in 2022 from 4.5 to 4.8%. The inflation forecast in 2021 has been increased from 3.4 to 4.2%, in 2022 - from 2.1 to 2.2%.
Source: russiart