The Federal Reserve meeting minutes show that participants generally expect the economy to accelerate growth by 2026, with economic activity expanding at the potential output rate. Improvements in fiscal policy and financial markets may support growth, but there remains a high degree of uncertainty in forecasts for real GDP growth. Technological advances could promote growth but may also suppress employment.
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The Federal Reserve meeting minutes show that participants generally expect the economy to accelerate growth by 2026, with economic activity expanding at the potential output rate. Improvements in fiscal policy and financial markets may support growth, but there remains a high degree of uncertainty in forecasts for real GDP growth. Technological advances could promote growth but may also suppress employment.