Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint (GDPC1RM) from 2025 to 2027 about projection, real, GDP, rate, and USA.

United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Midpoint was 1.55000 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 July of 2025.

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 July of 2025.

Graph and download economic data for FOMC Summary of Economic Projections for the Fed Funds Rate, Median (FEDTARMD) from 2025 to 2027 about projection, federal, median, rate, and USA.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, High was 3.90% 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, High reached a record high of 4.30 in June of 2015 and a record low of 3.00 in December of 2017. 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, High - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Central Tendency, Low (UNRATECTL) from 2025 to 2027 about projection, civilian, unemployment, rate, and USA.

United States - Longer Run FOMC Summary of Economic Projections for the Fed Funds Rate, Range, Low was 2.50% 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, 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 June of 2025.

The longer-run projections are the rates of growth, inflation, and unemployment to which a policymaker expects the economy to converge over time in the absence of further shocks and under appropriate monetary policy. Because appropriate monetary policy, by definition, is aimed at achieving the Federal Reserve's dual mandate of maximum employment and price stability in the longer run, policymakers' longer-run projections for economic growth and unemployment may be interpreted, respectively, as estimates of the economy's longer-run potential growth rate and the longer-run normal rate of unemployment; similarly, the longer-run projection of inflation is the rate of inflation which the FOMC judges to be most consistent with its dual mandate in the longer-term.

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.

United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low was 2.90% in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Low 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, Low - last updated from the United States Federal Reserve on July of 2025.

Projections for the unemployment rate are for the average civilian unemployment rate in the fourth quarter of each year. 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 high value of the central tendency forecast established by the Federal Open Market Committee.

Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.

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.

United States FOMC Projection: PCE Inflation: Central Tendency: Y3: Upper 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: PCE Inflation: Central Tendency: Y3: Upper End data is updated quarterly, averaging 2.100 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 2.200 % in Sep 2023 and a record low of 2.000 % in Dec 2024. United States FOMC Projection: PCE Inflation: Central Tendency: 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.I: PCE Price Index: Projection: Federal Reserve Board.

Interactive chart and 2 years of historical data from 2025 to 2027.

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.

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 July of 2025.

United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High was 4.50000 Fourth Qtr., % in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Civilian Unemployment Rate, Range, High reached a record high of 6.30000 in November of 2009 and a record low of 4.30000 in December of 2021. 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 Civilian Unemployment Rate, Range, High - last updated from the United States Federal Reserve on July of 2025.

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 Personal Consumption Expenditures Inflation Rate, Range, Low was 2.00000 Fourth Qtr. to Fourth Qtr. % Chg. in March of 2025, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Personal Consumption Expenditures Inflation Rate, Range, Low reached a record high of 2.00000 in January of 2012 and a record low of 1.50000 in May of 2009. 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 Personal Consumption Expenditures Inflation Rate, Range, Low - last updated from the United States Federal Reserve on June of 2025.

Federal Open Market Committee (FOMC) projections are important because they provide information for evaluating current monetary policy intentions and because they indicate what FOMC members think will be the likely consequence of their policies. Knowing the Fed's objectives, their forecasts, and recent deviations of the economy from the forecasts should be sufficient to understand how the Fed is making monetary policy. Results here show that the Blue Chip consensus forecasts are a good proxy for the FOMC views. For example, they match the policymakers' views as closely as do the Board staff forecasts presented at FOMC meetings. Using alternative forms of the Taylor rule, the authors show that the Blue Chip consensus and the Fed policymakers' forecasts have almost identical implications for the monetary policy process.

United States FOMC Projection: Unemployment Rate: Central Tendency: Y3: Upper End data was reported at 4.400 % in Dec 2024. This stayed constant from the previous number of 4.400 % for Sep 2024. United States FOMC Projection: Unemployment Rate: Central Tendency: Y3: Upper End data is updated quarterly, averaging 4.350 % from Sep 2015 (Median) to Dec 2024, with 20 observations. The data reached an all-time high of 5.000 % in Dec 2015 and a record low of 3.600 % in Sep 2021. United States FOMC Projection: Unemployment Rate: Central Tendency: 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.G041: Current Population Survey: Unemployment Rate: Projection: Federal Reserve Board.