The Federal Reserve's meeting minutes indicate that the USA's real GDP is expected to continue to grow steadily in 2024. Since the beginning of 2024, labor market conditions have eased, but the unemployment rate remains low. The Consumer price inflation rate is lower than the same period last year but is still slightly high. Staff believe that the strikes in October and the impact of hurricanes suppressed employment growth, while these effects are expected to fade in November, leading to a similar boost in employment growth. In the third quarter, foreign economic growth has picked up, particularly in the Eurozone and Mexico. However, recent economic indicators show that the growth momentum of foreign economies has significantly weakened in the fourth quarter, with sluggish manufacturing activity and weak private consumption expenditure. Inflation in foreign economies continues to ease. In most developed economies, the overall inflation rate has slowed to near or below the target level, mainly reflecting the effects of declining Energy prices earlier this year. However, in some of these economies, the inflation rate in the service sector remains high.