KP Talks Dollars and Sense

The Mixed Bag of Economic Indicators

Kevin Peranio Season 2 Episode 52

Most Federal Reserve officials (14 out of 16) think unemployment will stay low, around 4.1%.

While 2 Fed members think it might even drop a little lower, to 3.8%.

Unemployment is getting worse than expected.

The Fed still wants two things: lots of jobs and stable prices.

They also want to keep interest rates from getting too high in the long run.

To keep prices stable, they might raise interest rates a little more than they planned before, from 2.6% to 2.8% by the end of the year.

Learn more about the Fed's actions: https://linktr.ee/kptalksdollarsandsense

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