Fed Expects Higher Unemployment by Year End

Fed officials expect unemployment to tick higher than previously expected by the end of the year and to stay elevated. In the latest summary of economic projections released Wednesday, policymakers forecast the unemployment rate would rise to 4.

Fed officials expect unemployment to tick higher than previously expected by the end of the year and to stay elevated. In the latest summary of economic projections released Wednesday, policymakers forecast the unemployment rate would rise to 4.

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