Fed Expected To Upgrade Economic Forecasts

The video discusses the Federal Open Market Committee's meeting amid a year of economic instability. It highlights the committee's role in determining monetary policy, economic growth forecasts, and inflation. Chairman Jerome Powell is expected to announce no change in interest rates, a decision the Fed must justify to investors. The video also touches on progress in unemployment rates and the ongoing recovery from the pandemic.

What challenges does the Federal Reserve face in convincing investors?

How has the unemployment rate progressed in relation to the pandemic?