Federal Reserve policymakers meet Tuesday to discuss interest rates; economic experts expect the Fed to keep the benchmark rate at 2 percent.
Heads up: Federal Reserve policymakers meet Tuesday to discuss interest rates; economic experts expect the Fed to keep the benchmark rate at 2 percent. Economic news this week includes the Fed’s report Monday on industrial production for August, the Labor Department’s Tuesday release of the consumer-price index, the Commerce Department’s figures on housing starts for August on Wednesday, and the Conference Board’s release Thursday of August leading indicators.
Tuesday: August employment figures for Washington state and the region are released. In July, the state’s jobless rate rose to a seasonally adjusted 5.7 percent, a 3 ½ year high. The Seattle-area unemployment rate for July rose to 4.3 percent. … Microsoft, Cray and Intel plan to make a joint announcement about high-performance computing.
Friday: The Greater Seattle Chamber of Commerce holds its 126th annual meeting at noon in the Grand Ballroom at the Westin Hotel, downtown Seattle. Dr. Leroy Hood, president of the Institute for Systems Biology, will present the keynote speech on the multidimensional aspects of global health and the opportunities for Seattle and Washington state in the sector.