The Mixed Bag of Economic Indicators

Most Federal Reserve officials (14 out of 16) think unemployment will stay low, around 4.1%.While 2 Fed members think it might even drop a little lower, to 3.8%.Unemployment is getting worse than expected.The Fed still wants two things: lots of jobs and stable prices.They also want to keep interest rates from getting too high in the long run.To keep prices stable, they might raise interest rates a little more than they planned before, from 2.6% to 2.8% by the end of the year.Learn more about the Fed's actions: https://linktr.ee/kptalksdollarsandsense#KPTalksDollarsAndSense #Fed #Unemployment #Expectedunemploymentrate #TheFedsMandate #DualMandate #TriMandate