The Fed Will Announce Interest Rate Decisions And Policy Statements.

The Fed will publish interest rate decisions and policy statements.

Yellen essentially expressed support for the idea of allowing low interest rates and low unemployment to coexist for some time and exploring the impact of the economy.

The Fed's forecast still shows that although this will cause inflation to rise, it will not exceed 2%.

Inflation in the United States has not reached that level in 4 years.

Market participants believe that the phrase "overheating economy" by Janet Yellen, chairman of the Federal Reserve, reflects the policy debate within the Fed.

Yellen, chairman of the Federal Reserve, used the phrase "high pressure economy" last month to get the market into discussion.

Yellen said, "high pressure" can cure the trauma caused by the economic crisis, and some investors began to wonder if Yellen is suggesting that the Fed will tolerate inflation of over 2%.

In fact, on the same day as Yellen made the remarks, Mark Carney, the governor of the Bank of England, also said that in order to avoid a substantial increase in the unemployment rate, he was willing to let it go.

The target is temporarily over 2%, and the Bank of Japan indicated that its inflation target had exceeded 2% three weeks ago.

Yellen's comments also reflect Fed officials' arguments in the 2 day meeting.

Some officials argue that keeping the interest rate and unemployment rate low is promising to create more jobs to support African Americans and Hispanic Americans who are just beginning to profit from economic expansion.

But others believe that the Fed should have raised interest rates earlier, and warned that the low unemployment rate would trigger a runaway price level and force the fed to raise interest rates substantially, which in turn would lead to a recession, which would hurt other colleagues who wanted to help.

But in general, the Fed is still running a moderate version of the high-pressure economy.

According to the Fed's forecast, the unemployment rate will reach 4.8% of the full employment in the next few years, and will fall to 4.5% at the end of 2018.

In theory, this will attract more school-age population to the labour market and promote business.

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At present, this strategy is successful, so although the number of new jobs has been considerable, the unemployment rate has remained stable at around 5% this year. This is because the labour force participation rate has been increasing in recent months. The unemployment rate of African Americans has dropped to 8.3% from 9.2% in September.

In terms of inflation, the Federal Reserve forecasts that inflation will rise to 2% in 2018, and that it will remain stable in 2019 and remain unchanged in the long run.

Yellen said at a press conference after the September 21st Meeting:

"We do not want to overheat the economy and go far beyond the target of 2%."

This is because the Fed does not want to relive the nightmare of 1970s, when the low unemployment rate eventually caused hyperinflation and caused a severe recession. "We will not repeat the same mistakes."

But the Fed does not know where the unemployment rate will be low before inflation gets out of control.

If unemployment is down to 4.5% and inflation doesn't look up, the Fed will be sure.

Low point.

San Francisco Fed chairman Williams (John Williams) said last week that he was not displeased with the "slightly warmer" economy, and that inflation was slightly over 2%.

However, in addition to Chicago Fed chairman Evans (Charles Evans) that inflation can be relatively high at 2% hours and low, no official is willing to continue to uplink inflation.

Williams said: "it is a totally different strategy to deliberately raise inflation to make up for the shortcoming that has not been achieved in the past few years".

He said that this strategy has some advantages, but it is not what the Fed hopes to achieve.

In the resolution of tomorrow morning, the Fed will probably keep the federal funds benchmark rate unchanged at 0.25-0.5%, and suggest that it will raise interest rates in December.