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FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint (PCECTPICTM)
Observation:
2020: 2.05 (+ more)Updated: Dec 13, 2017
2020:  2.05  
2019:  2.00  
2018:  1.80  
2017:  1.65 
Units:
Fourth Quarter to Fourth Quarter Percent Change,Not Seasonally Adjusted
Frequency:
AnnualDigitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.
FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint
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FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint
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For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
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Title  Release Dates  


FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Central Tendency, Midpoint  20071120  20171213 
Source  


Federal Reserve Bank of St. Louis  20071120  20171213 
U.S. Federal Open Market Committee  20071120  20171213 
Release  


Summary of Economic Projections  20071120  20171213 
Units  


Fourth Quarter to Fourth Quarter Percent Change  20071120  20171213 
Frequency  


Annual  20071120  20171213 
Seasonal Adjustment  


Not Seasonally Adjusted  20071120  20171213 
Notes  


Projections of personal consumption expenditures (PCE) inflation rate are fourth quarter growth rates, that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. PCE inflation rate is the percentage rates of change in the price index for personal consumption expenditures (PCEPI). 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; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee. Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677. 
20071120  20171213 
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