FOMC Summary of Economic Projections for the Fed Funds Rate, Median

NOTES

Title	Release Dates

FOMC Summary of Economic Projections for the Fed Funds Rate, Median	2015-12-16	2023-03-22

Source

U.S. Federal Open Market Committee	2015-12-16	2023-03-22
Federal Reserve Bank of St. Louis	2015-12-16	2023-03-22

Release

Summary of Economic Projections	2015-12-16	2023-03-22

Units

Percent	2015-12-16	2023-03-22

Frequency

Annual	2015-12-16	2023-03-22

Seasonal Adjustment

Not Seasonally Adjusted	2015-12-16	2023-03-22

Notes

The projections for the federal funds rate are the value of the midpoint of the projected appropriate target range for the federal funds rate or the projected appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year. This series represents the median value of the range forecast established by the Federal Open Market Committee. For each period, the median is the middle projection when the projections are arranged from lowest to highest. When the number of projections is even, the median is the average of the two middle projections. Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.	2015-12-16	2023-03-22

Summary of Economic Projections