
Instant Reaction: The Fed Decides
Bloomberg Surveillance
00:00
Federal Reserve's Decision and Unemployment Forecast
The chapter discusses the Federal Reserve's decision and their unemployment forecast. It mentions that there will be no change in the unemployment forecast for this year, but it will increase in December. The median unemployment rate for the next three years is expected to be 4.1%. The chapter also talks about the implications of the decision on the bond market, FX market, and equities.
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