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Federal Reserve spokesman: Almost all members see risks of economic downturn.
Odaily News “Fed Whisperer” Nick Timiraos commented on the Federal Reserve’s economic forecasts, stating that officials have lowered their GDP predictions while raising their forecasts for inflation and unemployment rates. However, almost everyone sees the downside risks to the economy. Moreover, almost everyone believes there are upside risks to their forecasts for unemployment and inflation. (Jin Shi)