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In Strait of Hormuz Standoff, U.S. and Iran Deploy Economic Warfare
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The American blockade and Iran’s control of the Strait of Hormuz have
created a stalemate that is neither peace nor raging conflict, with both
sides attemp...
2 hours ago
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At the March meeting, the Fed's staff revised the central bank's near-term forecast for real gross domestic product (GDP) growth upwards slightly.
"Labour market conditions had continued to improve and unemployment had declined in recent months," the Fed said.
"But almost all members saw the unemployment rate as still elevated relative to levels that they viewed as consistent with the committee's mandate over the longer run."
At the March meeting, the Fed's staff revised the central bank's near-term forecast for real gross domestic product (GDP) growth upwards slightly.
"Labour market conditions had continued to improve and unemployment had declined in recent months," the Fed said.
"But almost all members saw the unemployment rate as still elevated relative to levels that they viewed as consistent with the committee's mandate over the longer run."
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