Federal Reserve meeting minutes: Participants generally expect economic growth to accelerate in 2026.

The Federal Reserve meeting minutes noted that participants generally expected economic growth to accelerate in 2026 and that economic activity to expand at roughly the same pace as potential output over the medium term. Many participants anticipated that adjustments to fiscal and regulatory policies, or more favorable financial market conditions, would support economic growth. However, participants believed that uncertainty regarding their forecasts for real GDP growth remained high. Furthermore, some participants pointed out that structural factors such as technological progress and productivity gains (potentially reflecting increased adoption of artificial intelligence) could promote economic growth without creating price pressures, but could also dampen job growth.