in the statement they mention the russian invasion in ukraine is creating tremendous hardship and continuing that upward pressure on inflation. the federal reserve also blames the china lockdowns for creating supply chain and continuing the supply chain issues. the fed balance sheet will continue as scheduled with the runoff of the balance sheet. the federal reserve revised inflation forecast for this year. went up to 5.2%, almost a full percentage point. they also revised the core inflation, that went up to 4.3%. for growth the fed sees economy growing at end of this year by just 1.7%, the same with next year, 2023 and 2024 they see finishing 1.9%. all of those projections were downgraded. on unemployment the fed sees near record low unemployment by ticking up to 3.7% by the end of the year and 3.9% next year. 2024, 4.1% where the unemployment rate will be. federal reserve sees the federal funds rate basically in line with st. louis federal reserve president bullard told me
introduced the fix nix ni the fix nics act to ensure all federal agencies accurately and entirely upload the conviction records on a timely basis. yes, this is the same senator chris murphy i m working with now to try to achieve a success here. we ve done it before, and i believe we can do it again. our bill was signed into law in march of 2018, and in the first three years 11 1/2 million more records were uploaded into the three national databases that the f.b.i. checks. the number of records in one of those databases increased by more than 30% alone. so i think i can say with assurance that what we did together in 2018 has saved lives, because if it kept a gun out of the hands of somebody who was already prohibited from getting a gun under current law, we will have saved a life, maybe even the life of the shooter. 60% of the gun deaths in america are suicides. but i know we ve saved at least those lives, and i think many others as well. but as the uvalde shooting demonstr