[Federal Reserve Meeting Minutes: Labor Market Cooling but No Sharp Deterioration] The Federal Reserve's October meeting minutes indicate that the actual GDP growth rate slowed in the first half of this year. During the federal government shutdown, labor market information was limited, but existing indicators suggest that the labor market is gradually cooling without showing sharp deterioration. Consumer price inflation has risen since the beginning of the year and remains at a high level. The overall PCE inflation rate and core PCE inflation rate for September are both estimated at 2.8%. The overall PCE inflation rate increased by 0.5 percentage points compared to the same period last year, while the core PCE inflation rate remained unchanged from the same period last year.