The Fed keeps this year's inflation and unemployment rate projections unchanged, raises economic outlook

BlockBeats News, September 18th, the latest Federal Reserve economic projections show that policymakers expect the median inflation rate to remain at 3% by the end of this year, well above the central bank’s 2% target, consistent with the June’s previous forecast. The unemployment rate forecast also remains unchanged at 4.5%, with the economic growth forecast revised up from 1.4% to 1.6%. (FXStreet)