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 are the inflation forecasts set by Fed officials for this year and next year?

What is the expected core inflation rate for this year and next year?

What is the predicted unemployment rate for the next two years?

How do the recent hurricanes affect the overall economy according to Fed officials?

What actions are expected to be taken regarding tapering by the Fed?