Federal Reserve meeting minutes, GDP growth forecast raised, unemployment rate will decline

According to Jin Ten's report, the Federal Reserve's October meeting minutes indicate that compared to the September meeting's forecast, the October forecast shows a slight overall enhancement in real GDP growth through 2028, mainly reflecting an expected increase in potential output growth. The unemployment rate is expected to gradually decline after this year, and the inflation forecast is largely similar to that of the September meeting, with expected tariff increases posing upward pressure on inflation in 2025 and 2026.