Summary of Economic Projections, Release Date: 2024-12-18 | ALFRED

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Summary of Economic Projections

Link
http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

Source
U.S. Federal Open Market Committee
Federal Reserve Bank of St. Louis

63 Series Revisions

FOMC Summary of Economic Projections for the Fed Funds Rate, Median Annual, Not Seasonally Adjusted, FEDTARMD
Units # of New/Revised Obs. Last Observation Percent 3 2027 3.1

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint Annual, Not Seasonally Adjusted, GDPC1CTM
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 1.90

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Median Not Seasonally Adjusted, FEDTARMDLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 3.0

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median Annual, Not Seasonally Adjusted, GDPC1MD
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 1.9

FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint Annual, Not Seasonally Adjusted, PCECTPICTM
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.00

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median Annual, Not Seasonally Adjusted, UNRATEMD
Units # of New/Revised Obs. Last Observation Percent 3 2027 4.3

FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low Annual, Not Seasonally Adjusted, FEDTARRL
Units # of New/Revised Obs. Last Observation Percent 2 2027 2.4

FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint Annual, Not Seasonally Adjusted, FEDTARRM
Units # of New/Revised Obs. Last Observation Percent 1 2027 3.15

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint Not Seasonally Adjusted, GDPC1CTMLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 1.85

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, Midpoint Annual, Not Seasonally Adjusted, JCXFECTM
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.00

FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint Annual, Not Seasonally Adjusted, FEDTARCTM
Units # of New/Revised Obs. Last Observation Percent 3 2027 3.25

FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Median Annual, Not Seasonally Adjusted, PCECTPIMD
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.0

FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, High Annual, Not Seasonally Adjusted, FEDTARCTH
Units # of New/Revised Obs. Last Observation Percent 1 2027 3.6

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint Annual, Not Seasonally Adjusted, UNRATECTM
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 2 2027 4.20

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Median Annual, Not Seasonally Adjusted, JCXFEMD
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.0

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High Not Seasonally Adjusted, FEDTARRHLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 3.9

FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High Annual, Not Seasonally Adjusted, FEDTARRH
Units # of New/Revised Obs. Last Observation Percent 2 2027 3.9

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median Not Seasonally Adjusted, GDPC1MDLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 1.8

Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Median Not Seasonally Adjusted, UNRATEMDLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 4.2

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low Not Seasonally Adjusted, FEDTARCTLLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 2.8

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, High Annual, Not Seasonally Adjusted, JCXFECTH
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.0

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint Not Seasonally Adjusted, FEDTARRMLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 3.15

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High Annual, Not Seasonally Adjusted, UNRATERH
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 3 2027 4.5

Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Median Not Seasonally Adjusted, PCECTPIMDLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.0

Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint Not Seasonally Adjusted, PCECTPICTMLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.0

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low Not Seasonally Adjusted, FEDTARRLLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 2.4

Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Midpoint Not Seasonally Adjusted, UNRATECTMLR
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 1 2024-12-18 4.10

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low Annual, Not Seasonally Adjusted, GDPC1RL
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 4 2027 1.5

FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low Annual, Not Seasonally Adjusted, FEDTARCTL
Units # of New/Revised Obs. Last Observation Percent 3 2027 2.9

Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low Not Seasonally Adjusted, PCECTPICTLLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.0

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint Not Seasonally Adjusted, FEDTARCTMLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 3.20

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, High Not Seasonally Adjusted, GDPC1RHLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.5

Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, High Not Seasonally Adjusted, FEDTARCTHLR
Units # of New/Revised Obs. Last Observation Percent 1 2024-12-18 3.6

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint Not Seasonally Adjusted, GDPC1RMLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.10

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, High Annual, Not Seasonally Adjusted, UNRATECTH
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 1 2027 4.4

Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High Not Seasonally Adjusted, UNRATERHLR
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 1 2024-12-18 4.5

FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Low Annual, Not Seasonally Adjusted, PCECTPICTL
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 2 2027 2.0

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint Annual, Not Seasonally Adjusted, GDPC1RM
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 4 2027 2.00

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, Midpoint Annual, Not Seasonally Adjusted, UNRATERM
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 3 2027 4.15

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, High Annual, Not Seasonally Adjusted, GDPC1RH
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2027 2.5

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low Annual, Not Seasonally Adjusted, GDPC1CTL
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2027 1.8

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High Not Seasonally Adjusted, GDPC1CTHLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.0

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Central Tendency, Low Annual, Not Seasonally Adjusted, JCXFECTL
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 2 2027 2.0

Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Range, Low Not Seasonally Adjusted, PCECTPIRLLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 2.0

FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High Annual, Not Seasonally Adjusted, GDPC1CTH
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.0

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, High Annual, Not Seasonally Adjusted, JCXFERH
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.6

FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low Annual, Not Seasonally Adjusted, UNRATECTL
Units # of New/Revised Obs. Last Observation Fourth Quarter, Percent 2 2027 4.0

Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low Not Seasonally Adjusted, GDPC1CTLLR
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2024-12-18 1.7

FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, High Annual, Not Seasonally Adjusted, PCECTPICTH
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 3 2027 2.0

FOMC Summary of Economic Projections for the Personal Consumption Expenditures less Food and Energy Inflation Rate, Range, Low Annual, Not Seasonally Adjusted, JCXFERL
Units # of New/Revised Obs. Last Observation Fourth Quarter to Fourth Quarter Percent Change 1 2027 2.0

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