The Federal Reserve's meeting minutes indicate a cooling labor market, with an overall inflation rate projected at 2.8%

According to Jinshi reports, the Federal Reserve's October meeting minutes indicate that actual GDP growth slowed in the first half of this year, affected by the federal government shutdown, resulting in limited labor market information. Existing indicators suggest that the labor market continues to gradually cool, with no signs of sharp deterioration. Consumer price inflation has risen since the beginning of the year, with the overall inflation rate estimated at 2.8% in September, and the core PCE inflation rate also estimated at 2.8% for the same period.