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Keir Starmer denies budget to blame for rise in mortgage rates
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PM says budget stabilised the economy, while mortgage rates are ‘individual
decisions for the banks’
Keir Starmer has conceded he was disappointed in the...
29 minutes 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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