Fed Leaves Rates Unchanged, Asset Unwind to Start in Oct.

The Fed has adjusted its inflation forecasts, predicting one more rate move this year and three next year. The dot plot shows fewer expecting higher rates, with some predicting no rate move next year. Inflation is expected to rise slightly, with unemployment remaining low. Hurricanes are not expected to have a long-term economic impact, though they may temporarily boost inflation. The Fed will monitor inflation closely, aiming to return to target levels. Tapering will begin next month, with announcements scheduled for October.

What is the Federal Reserve's prediction for rate moves next year?

• Three rate moves

• One rate move

• No rate moves

• Five rate moves

What is the expected headline PCE inflation rate for next year?

• 1.9%

• 1.5%

• 2.5%

• 2.0%

How are the recent hurricanes expected to affect the long-term national economy?

• Decrease inflation

• Increase unemployment

• No long-term impact

• Significantly alter the economy

What temporary effect are the hurricanes expected to have on prices?

• Stabilization of housing prices

• Reduction in healthcare costs

• Increase in gasoline prices

• Decrease in food prices

When is the Federal Reserve planning to start tapering?

• In two years

• In six months

• Next year

• Next month