According to WuTalk, the minutes from the Federal Reserve's September FOMC meeting reveal that most participants believe another rate hike before the end of the year may be appropriate. Several participants think the current interest rate is not restrictive or only mildly restrictive, while some believe the risk of inflation rising further in recent months has increased. Staff have upgraded their economic and employment outlook, projecting faster GDP growth in the second half of the year and sustained growth above potential through 2028, with unemployment remaining below long-term levels until 2029. Inflation forecasts for 2026–2028 have been revised upward compared to July, with expectations for it to fall back to 2% by 2029. Several participants noted that the scale and pace of AI development continue to exceed expectations. Participants generally agreed that AI investments could drive productivity and potential output growth in the coming years, though there is significant uncertainty regarding the magnitude and timing of these effects. https://(wublock123.com)/news/fed-meeting-sept-ai-buildout-boosts-productivity-potential-output-69687