Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint (GDPC1CTM) from 2025 to 2027 about projection, real, GDP, rate, and USA.

We use the yield curve to predict future GDP growth and recession probabilities. The spread between short- and long-term rates typically correlates with economic growth. Predications are calculated using a model developed by the Federal Reserve Bank of Cleveland. Released monthly.

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint was 3.25% in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint - last updated from the United States Federal Reserve on June of 2025.

United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint was 2.00000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint reached a record high of 5.55000 in January of 2021 and a record low of -2.15000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint - last updated from the United States Federal Reserve on June of 2025.

United States FRBOP Forecast: 3Mo TBills over Same-Qtr(GDP) Gross Domestic ProductPI: Median: Plus 4 Qtrs data was reported at 0.638 % in Dec 2018. This records an increase from the previous number of 0.579 % for Sep 2018. United States FRBOP Forecast: 3Mo TBills over Same-Qtr(GDP) Gross Domestic ProductPI: Median: Plus 4 Qtrs data is updated quarterly, averaging 2.017 % from Sep 1981 (Median) to Dec 2018, with 150 observations. The data reached an all-time high of 6.097 % in Jun 1982 and a record low of -1.961 % in Sep 2013. United States FRBOP Forecast: 3Mo TBills over Same-Qtr(GDP) Gross Domestic ProductPI: Median: Plus 4 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.

FRBOP Forecast: 3Mo TBills over Next-Qtr GDP PI: Median: Plus 3 Qtrs data was reported at 0.120 % in Jun 2018. This records an increase from the previous number of -0.142 % for Mar 2018. FRBOP Forecast: 3Mo TBills over Next-Qtr GDP PI: Median: Plus 3 Qtrs data is updated quarterly, averaging 1.950 % from Sep 1981 (Median) to Jun 2018, with 148 observations. The data reached an all-time high of 6.276 % in Jun 1982 and a record low of -1.972 % in Sep 2013. FRBOP Forecast: 3Mo TBills over Next-Qtr GDP PI: Median: Plus 3 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.M006: Treasury Bills Rates: Forecast: Federal Reserve Bank of Philadelphia.

United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low was 1.50000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low reached a record high of 5.30000 in January of 2021 and a record low of -5.50000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low - last updated from the United States Federal Reserve on May of 2025.

United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data was reported at 2.500 % in Dec 2024. This stayed constant from the previous number of 2.500 % for Sep 2024. United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data is updated quarterly, averaging 2.400 % from Sep 2015 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 4.000 % in Sep 2020 and a record low of 2.000 % in Sep 2017. United States FOMC Projection: Change in Real GDP: Range: Y3: Upper End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.A026: NIPA 2023: GDP by Expenditure: Constant Price: saar: QoQ: Projection: Federal Reserve Board.

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low was 2.40% in December of 2024, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low reached a record high of 3.30 in June of 2015 and a record low of 2.00 in September of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low - last updated from the United States Federal Reserve on May of 2025.

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High was 3.90% in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High reached a record high of 5.40 in January of 2023 and a record low of 0.10 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High - last updated from the United States Federal Reserve on June of 2025.

United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data was reported at 2.000 % in Dec 2024. This stayed constant from the previous number of 2.000 % for Sep 2024. United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data is updated quarterly, averaging 2.000 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 2.000 % in Dec 2024 and a record low of 1.900 % in Dec 2020. United States FOMC Projection: Core PCE Inflation: Central Tendency: Y3: Lower End data remains active status in CEIC and is reported by Federal Reserve Board. The data is categorized under Global Database’s United States – Table US.I036: PCE Price Index: Summary of Economic Projections: Federal Reserve Board.

The benchmark interest rate in the United States was last recorded at 4.50 percent. This dataset provides the latest reported value for - United States Fed Funds Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Median was 3.00% in December of 2024, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Median reached a record high of 4.30 in April of 2012 and a record low of 2.40 in March of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Median - last updated from the United States Federal Reserve on June of 2025.

United States FRBOP Forecast: Unemployment Rate: Median: sa: Plus 2 Qtrs data was reported at 3.800 % in Jun 2018. This records a decrease from the previous number of 3.900 % for Mar 2018. United States FRBOP Forecast: Unemployment Rate: Median: sa: Plus 2 Qtrs data is updated quarterly, averaging 5.900 % from Dec 1968 (Median) to Jun 2018, with 199 observations. The data reached an all-time high of 10.100 % in Dec 2009 and a record low of 3.800 % in Jun 2018. United States FRBOP Forecast: Unemployment Rate: Median: sa: Plus 2 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.G022: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

FRBOP Forecast: Unemployment Rate: Median: sa: Plus 4 Qtrs data was reported at 3.746 % in Jun 2018. This records a decrease from the previous number of 3.800 % for Mar 2018. FRBOP Forecast: Unemployment Rate: Median: sa: Plus 4 Qtrs data is updated quarterly, averaging 5.825 % from Dec 1968 (Median) to Jun 2018, with 194 observations. The data reached an all-time high of 9.800 % in Dec 2009 and a record low of 3.746 % in Jun 2018. FRBOP Forecast: Unemployment Rate: Median: sa: Plus 4 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.G022: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

FRBOP Forecast: Unemployment Rate: Mean: sa data was reported at 3.836 % in Mar 2019. This records an increase from the previous number of 3.710 % for Dec 2018. FRBOP Forecast: Unemployment Rate: Mean: sa data is updated quarterly, averaging 5.883 % from Dec 1968 (Median) to Mar 2019, with 202 observations. The data reached an all-time high of 10.589 % in Mar 1983 and a record low of 3.461 % in Jun 1969. FRBOP Forecast: Unemployment Rate: Mean: sa data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.G025: Current Population Survey: Unemployment Rate: Seasonally Adjusted: Forecast: Federal Reserve Bank of Philadelphia.

The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by May 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached * percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High (GDPC1CTHLR) from 2009-02-18 to 2025-03-19 about projection, real, GDP, rate, and USA.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint was 3.20% in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint reached a record high of 3.80 in June of 2015 and a record low of 2.50 in June of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Midpoint - last updated from the United States Federal Reserve on June of 2025.